Alabama Stories, and Impact

State Fact Sheet

Community Testimonials​

Alabama is a place where we build ourselves up and celebrate the entrepreneur. This is proof it’s worth investing in our hometowns.

Kay Ivey, Governor, State of Alabama

Alabama NMTC Videos

Alabama Project Profiles

Coastal Growers

Coastal Growers
Project City:
Atmore,
Project Year:
(2021)
A new 475,000-square-foot facility sources peanuts within a 200 mile radius from farms in Mississippi, Alabama, Georgia and Florida and creates 130 permanent jobs with training and career advancement opportunities …
Read More

Escambia Peanut

Escambia Peanut
Project City:
Flomaton,
Project Year:
(2020)
A Flomaton-based peanut warehousing facility received $11.6 million in New Markets Tax Credit funds to consolidate ownership among its family farmer members. Escambia Peanut Co. LLC is a 109,000-square-foot peanut …
Read More

Barton Hall

Barton Hall
Project City:
Mobile,
Project Year:
(2020)
Renovation of the historic Barton Academy Building into an internationally focused, public school within the Mobile County Public School System …
Read More

Westervelt Lumber

Westervelt Lumber
Project City:
Thomasville,
Project Year:
(2019)
The $191.6 million facility will produce approximately 250 million board feet of pine lumber annually|taking advantage of the company’s nearby timberland and other facilities. The new mill created 125 permanent …
Read More

Monroeville Downtown Historic Restorations

Monroeville Downtown Historic Restorations
Project City:
Monroeville,
Project Year:
(2019)
This project is going to acquire and rehabilitate multiple commercial buildings in downtown Monroeville, AL. This helps to revitalize the image of Monroeville’s downtown corridor …
Read More

Auburn Research Park

Auburn Research Park
Project City:
Auburn,
Project Year:
(2019)
NMTC equity helped fund the construction of a 105,000-square-foot office building at Auburn University in Alabama. SunTrust Community Capital invested $3.2 million in NMTC equity in the property, which is …
Read More

Sterling Packaging

Sterling Packaging
Project City:
Monroeville,
Project Year:
(2018)
This project involved the relocation of a Canadian based company to Alabama where it opened a packaging facility …
Read More

Abbeville Fiber Sawmill

Abbeville Fiber Sawmill
Project City:
Abbeyville,
Project Year:
(2018)
After sitting vacant for more than a decade, the former WestPoint Stevens building in Abbeville is now buzzing with new life and 115 jobs after a $40 million transformation by …
Read More

Talladega College

Talladega College
Project City:
Talladega,
Project Year:
(2018)
Talladega College will construct a new 45,780-square-foot student center and health clinic, which includes a bookstore, dining hall, convenience/grocery store, cafeteria, fitness center, student meeting and classroom space and an …
Read More

Foley Grocer

Foley Grocer
Project City:
Foley,
Project Year:
(2018)
The Project is the 5th phase in a 5-phase commercial development located at the Project site in Foley, AL. Although the Project is technically the last phase of the development, …
Read More

Athens Limestone Hospital Surgery Tower

Athens Limestone Hospital Surgery Tower
Project City:
Athens,
Project Year:
(2018)
This project is a surgery center expansion that focuses on lower-acuity, out-patient based surgeries. The existing sites are at capacity but demand continues to rise …
Read More

Sweet Brew Tea

Sweet Brew Tea
Project City:
Loxley,
Project Year:
(2018)
Sweet Brew Tea – The new Southern Visions facility is located in Bay Minette, Alabama. The project received a $6MM NMTC allocation from UBCD. The total square feet of the …
Read More

Thomasville Regional Medical Center

Thomasville Regional Medical Center
Project City:
Thomasville,
Project Year:
(2018)
Thomasville Regional Medical Center, LLC (TRMC), in partnership with the City of Thomasville, is constructing, developing, and operating a $44.3 million, 68,320 sq. ft. new hospital in rural Thomasville, Alabama …
Read More

Waterfront Rescue Mission

Waterfront Rescue Mission
Project City:
Mobile,
Project Year:
(2017)
With a $7.5 million investment from SCC, the Waterfront Rescue Mission undertook a major expansion project. The Mission is a provider of housing and social services for the homeless. The …
Read More

Monroe County Hospital Expansion

Monroe County Hospital Expansion
Project City:
Monroeville,
Project Year:
(2017)
The construction for this project includes a new oncology department and renovations to the emergency department. The new oncology department is 5,000 square feet and double the number of treatment …
Read More
Loading...