CDE: MuniStrategies

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Matthews International Searcy

Searcy,
AR
(2021)

Manufacturing

CDE(s): MuniStrategies, Truist

Matthews International Corp. announced recently that it is expanding its operations in Searcy. The expansion will add approximately 15,000 sq. ft. to Matthews existing Searcy facility, while growing its manufacturing

ERMCO II

Greenville,
TN
(2023)

Manufacturing

CDE(s): Chase, Community Ventures, Midwest Renewable Capital, MuniStrategies

The renovation of a 200,000 sq. ft. production plant in the former Caterpillar location. This production plant makes tranformers and transformer components.

UHS Mountain Youth Academy

Mountain City,
TN
(2022)

FQHCs

CDE(s): MuniStrategies, Pathway Lending, PNC

Universal Health Services, Inc. used NMTC financing to construct a 120‐bed trauma‐based residential treatment facility which will replace the current Mountain Youth Academy facility in the underserved community of Mountain

Ariens Company

Fayetteville,
TN
(2023)

Manufacturing

CDE(s): Legacy Economic Growth Fund, MuniStrategies, Rural Development Partners, Waveland Community Development, Wells Fargo

New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the Fayetteville

Dot Manchester 2022

Manchester,
TN
(2022)

Food Bank or Pantry

CDE(s): Capital One, Mascoma Community Development, MuniStrategies

The construction of a 190,000 sq. ft. food product distribution center in a non-metropoletal low-income community in Manchester, Tennessee. The new facility allows Dot Foods to consolidate healthy food and

Wayne Farms and Laurel Fresh Production Facility

Laurel,
MS
(2020)

Food Manufacturing

CDE(s): Capital One, MuniStrategies

Poultry producer and processor Wayne Farms is investing $16.9M in the expansion of its Laurel Fresh Production Facility in Mississippi, US.

$300,000 grant paves way for Mar-Jac Poultry expansion in northwest Alabama

Business Development, Food Manufacturing, Manufacturing, Rural, Tornadoes

CDE(s): MuniStrategies

SECDE Ventures Munistrategies Win Community Development Award

Business Development, Manufacturing

CDE(s): MuniStrategies, SECDE VENTURES

Cindy Griffin Profile

Affordable Housing, Community, Habitat for Humanity, Housing

CDE(s): MuniStrategies

Southern Champion Tray

Chattanooga,
TN
(2021)

Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): AMCREF, MuniStrategies, National New Markets Fund, Southern Community Capital, Truist

In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable paperboard packaging converter specializing primarily in food packaging for the grocery,

Briggs and Stratton Corporation

Statesboro,
GA
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Dudley Ventures, MuniStrategies, Truist

Brigggs and Stratton's Statesboro, GA plant modernization.

USA-AAC East

Bennettsville,
SC
(2020)

Business Development, Manufacturing, Rural

CDE(s): AMCREF, MuniStrategies

The project involves the development and construction of a Autoclaved Aerated Concrete manufacturing facility in Bennettsville, SC.

Wayne Farms and Laurel Fresh Production Facility

Laurel,
MS
(2020)

Business Development, Manufacturing, Retail, Rural

CDE(s): Capital One, MuniStrategies

Chicken processing facility upgrade including an automated breast de-boner and an expansion of retail bagging capabilities at a 99,000 sq. ft. Central Mississippi plant.

Oakhurst Medical Center

Stone Mountain,
GA
(2019)

Community, Food Bank or Pantry, FQHCs, Healthcare, Homeless Services, Hospitals and Emergency Services, Shelters and Community Food

CDE(s): Carver State Bank, MuniStrategies

Oakhurst Medical Centers, Inc. is a FQHC designated provider of affordable, accessible, high-quality primary care services to residents of the low-income community, with a special focus on those that are

Nemak

Sylacauga,
AL
(2017)

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): AMCREF, Chase, MuniStrategies, Rural Development Partners

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.

Tippah County Hospital

Ripley,
MS
(2020)

Adult Daycare, Community, Healthcare, Hospitals and Emergency Services, Nursing Homes and Hospice

CDE(s): Capital One, Hope Enterprise, MuniStrategies, Three Rivers CDE

A new hospital boosts the health of a medically underserved rural Mississippi community

Mar-Jac Poultry AL

Phil Campbell,
AL
(2016)

Business Development, Food Manufacturing, Manufacturing, Rural, Tornadoes

CDE(s): MuniStrategies

Mar-Jac is a fully integrated poultry production company operating in GA, AL, and MS.

TMS International

Osceola,
AR
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Chase, Heartland Renaissance Fund, MuniStrategies, River Gorge Capital

Financing 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.

Husqvarna Forestry Products

Nashville,
AR
(2017)

Business Development, Manufacturing, Rural

CDE(s): Capital One, Dudley Ventures, Heartland Renaissance Fund, MuniStrategies

Construction a 350,000 square foot warehouse, as well as purchase equipment needed in connection with the expansion, creating 54 new jobs.

Beadles & Balfour

Moultrie,
GA
(2017)

Business Development, Manufacturing, Rural

CDE(s): MuniStrategies

MuniStrategies invested $11.8M in a Moultrie, GA sawmill upgrade and reconfiguration, as part of an overall $28.4M expansion.

Maas Aviation

Mobile,
AL
(2015)

Community, Healthcare, Manufacturing

CDE(s): MuniStrategies

This project funded construction of a new $13M twin bay airplane paint shop, as part of MAAS’ $22.36M overall investment in the Airbus facility located at Brookley Aeroplex in Mobile,

Winston Plywood

Louisville,
MS
(2015)

Business Development, Manufacturing, Rural, Tornadoes

CDE(s): MuniStrategies

After an EF-4 tornado devastated a town, killing 10 people and destroying over 1,000 structures including a 265,000 sq. ft. mill, the NMTC brought jobs and hope back to the

The Iron Horse Grill MS/Music Experience

Jackson,
MS
(2012)

Arts, Community, Mixed-use, Museums, Restaurants and Catering, Retail and Commercial

CDE(s): MuniStrategies

The Iron Horse Grill MS/Music Experience development is a 15,000 sq. ft. historic/NMTC development.

Republic Charter Schools

Jackson,
MS
(2018)

Community, Schools

CDE(s): MuniStrategies

After successfully growing and stabilizing three middle schools and one high school in Nashville, RePublic Schools launched Reimagine Prep in the fall of 2015 in Jackson, MS.

Habitat for Humanity MCA

Jackson,
MS
(2012)

Affordable Housing, Community, Habitat for Humanity, Housing

CDE(s): MuniStrategies

Habitat for Humanity Mississippi Capital Area invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes.

Chawla Hospitality Academy

Indianola,
MS
(2014)

Adult Education, Arts, College or Vocational Training, Community, Hotels and Tourism, Museums, Rural, Vocational Training

CDE(s): MuniStrategies

NMTC financing supports a new job-training institute that is now designed to attract hospitality trainees from across the region.

Resinall

Hattiesburg,
MS
(2011)

Business Development, Manufacturing, Plastics and Chemicals

CDE(s): MuniStrategies, SECDE VENTURES

Since 1984, Resinall Corp operated a manufacturing facility that produced thermoplastic resins for use in publication ink.

Express Biodiesel

Greenwood,
MS
(2018)

Biofuels, Business Development, Energy, Environment, Manufacturing, Rural

CDE(s): AMCREF, MuniStrategies

Express Biodiesel built a new plant to produce up to 15 million gallons per year of biodiesel from locally sourced soybean oil and waste poultry processing oils.

NuFarm

Greenville,
MS
(2020)

Business Development, Manufacturing, Rural

CDE(s): MuniStrategies, Three Rivers CDE

NMTC and NuFarm bring quality manufacturing jobs to Greenville, Mississippi

Vulcan Aluminum Mill Vulcan, Inc.

Foley,
AL
(2013)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Hampton Roads Ventures, MuniStrategies

Financing for the addition of a state-of-the-art, 24,000 square foot building to the existing facility as well as installing a new Annealing Furnace, Water Cooling System and Melting Furnace, which

Arisa Aviation

Enterprise,
AL
(2014)

Business Development, Manufacturing, Rural

CDE(s): MuniStrategies, PNC

Alabama Aircraft Support, since renamed Arista Aviation, constructed a new 60,000 square foot hanger outfitted with the latest equipment and technology necessary to provide Maintenance Repair and Overhaul services for

Baptist Leake Hospital

Carthage,
MS
(2013)

Community, Healthcare, Hospitals and Emergency Services, Indian Country, Rural

CDE(s): Community Hospitality Healthcare Services, MuniStrategies, Southern Community Capital

This is a major investment in the healthcare of a severely distressed rural area in Carthage, Mississippi.

Mannington Mills 2 – Rigid Core

calhoun,
GA
(2019)

Business Development, Manufacturing, Rural

CDE(s): Local Initiatives Support Corporation, MuniStrategies, River Gorge Capital

The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China.

Mississippi Silicon

Burnsville,
MS
(2013)

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Rural, Solar, Tech Manufacturing

CDE(s): MuniStrategies, Rural Development Partners, Southern Community Capital

Burnsville's 2013 unemployment rate of 35.4% was more than three times the national average.

Coastal Growers

Atmore,
AL
(2021)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): MuniStrategies, National Impact Fund, Rural Development Partners, United Bank of Alabama, Waveland Community Development

A new 475,000-sq. ft. 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

Advantage Capital Invests in Mirac, Preserving Company’s Strong Manufacturing Presence in Rural Ohio

Business Development, Manufacturing, Rural

CDE(s): MuniStrategies

AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that helps keep jobs in rural Ohio.