KemPosits Manufacturing Company

NMTC transaction brings the KemPosits manufacturing company to the Mississippi Choctaw on-reservation TechParc.

Investment

  • NMTC Amount: $20,147,929
  • Total Project Cost: $20,147,929

IMPACT

  • 150 FTE jobs
  • 101 construction jobs
  • 35,551 sq. ft. of real estate

Project Description

This project brought the KemPosits manufacturing company to the Mississippi Choctaw on-reservation TechParc. The transaction closed on July 3, 2012. KemPosits manufactures walk-in bathtubs ideally suited to retirement homes and communities. KemPosits uses a topline, semirobotic process and brings intellectual property and training to the Choctaw community.

This deal created 150 local jobs in the first few years of operation. Phyllis J. Anderson, Choctaw Tribal Chief, said this project is “an excellent example of how tribes can work together to further our common goal of building strong tribal economies.”

MAP

Address: 375 Industrial Road, Philadelphia, MS 39350

Other Mississippi Projects

A major investment project is driving industrial growth and employment in Clarksdale, MS
Habitat for Humanity Mississippi Capital Area invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes.
The Mississippi Band of Choctaw Indians used the NMTC to support its new early childhood education centers and an elementary school expansion.

PB Community Impact Fund and BXS Community Fund provided federal New Market Tax Credit allocation and to Lackey Memorial Hospital to finance the construction of a new Medical Arts Complex