Lodge Cast Iron

New Markets Tax Credit Coalition

South Pittsburg,
TN
(2021)

Lodge Cast Iron

Machine Shops and Metal Fabrication, Manufacturing

Investment

NMTC Amount: $25,430,000
Total Project Cost: $30,250,000

IMPACT

462 FTE jobs
127,000 sq. ft. of real estate

CDEs

Chase, Mid-City Community CDE, Pathway Lending, People Incorporated Financial Services

Investor

Chase

Project Description

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”) necessary to run a third production line. “Operations in our second Tennessee foundry are now underway! The new 127,000 sq. ft. facility is located just a few blocks from our original foundry in South Pittsburg, Tennessee, Lodge’s hometown since 1896.”

MAP

Address: 220 East Third Street, South Pittsburg, TN 37380

Census Tract: 47115050301

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