Arkansas Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

We are a recipient of an NMTC transaction. It enabled us to buy an existing manufacturing company and save 130 jobs in rural Arkansas.

Mike Akin, President/CEO, Akin Industries, Monticello, AR

Arkansas Supporters of the NMTC Extension Act

Arkansas Project Profiles

First Orion

First Orion
Project City:
Little Rock,
Project State:
AR
Project Year:
(2019)
First Orion, the parent company of PrivacyStar, a maker of call- and text-blocking software, is using NMTC financing for the construction of its new, $15 million, 60,000-SF headquarters at 520 …
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Scenic Hill Solar III MT, LLC

Scenic Hill Solar III MT, LLC
Project City:
Clarksville,
Project State:
AR
Project Year:
(2018)
The NMTC issuer has offered to extend the tax benefit beyond the 5 MW plant under construction and would do additional NMTC’ s on a second plant of up to …
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Haas Hall Academy

Haas Hall Academy
Project City:
Rogers,
Project State:
AR
Project Year:
(2017)
The former Lane Hotel at Second and Poplar streets downtown has been renovated for one of Haas Hall Academy’s newest campuses. About 250 students in grades seven through 10 attend …
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Highland Pellets

Highland Pellets
Project City:
Pine Bluff,
Project State:
AR
Project Year:
(2017)
Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program …
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TMS International

TMS International
Project City:
Osceola,
Project State:
AR
Project Year:
(2017)
Finance working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility …
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Husqvarna Forestry Products

Husqvarna Forestry Products
Project City:
Nashville,
Project State:
AR
Project Year:
(2017)
Husqvarna Forestry Products N.A., Inc. (“Husqvarna”), a manufacturer of lawn and garden products, will be expanding its facility located in rural Nashville, Arkansas, (pop. 4,501) (the “Project”). Husqvarna plans to …
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American Tubing Arkansas, LLC

American Tubing Arkansas, LLC
Project City:
Springdale,
Project State:
AR
Project Year:
(2016)
New buildign/equipment for an exsiting manufacturer of air conditioning components: ATA was formed in 2015 and acquired equipment from American Tubing, Inc., a Springdale-based company founded in 1976 to manufacture …
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Excel Boats

Excel Boats
Project City:
Mountain View,
Project State:
AR
Project Year:
(2015)
Excel Boats – Boat Manufacturing: Excel Boats is the country’s premier aluminum boat manufacturer that caters to outdoor enthusiasts. When our business picked up in 2014 following the Great Recession, …
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Mid River Terminal

Mid River Terminal
Project City:
Osceola,
Project State:
AR
Project Year:
(2014)
New Markets Tax Credits are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner. Osceola, Arkansas, …
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Open Avenues

Open Avenues
Project City:
Rogers,
Project State:
AR
Project Year:
(2011)
Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters …
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Arkansas Baptist College

Arkansas Baptist College
Project City:
Little Rock,
Project State:
AR
Project Year:
(2011)
Construction of a new residential dorm facility, cafeteria, and renovation of Old Main on the campus of Arkansas Baptist College …
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Arkansas Math and Science School

Arkansas Math and Science School
Project City:
Hot Springs,
Project State:
AR
Project Year:
(2010)
New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs by partnering with Bank of the Ozarks, the Heartland Renaissance Fund …
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Delta Memorial Hospital

Delta Memorial Hospital
Project City:
Dumas,
Project State:
AR
Project Year:
(2006)
The Delta Memorial Hospital, based in Dumas, Arkansas, has a long history of providing quality health care services to residents living in rural communities, throughout the Arkansas Delta. Over time, …
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Washington, DC 20005
202-393-5225

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