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Bruce Westerman (R-AR04)

Tax Staffer: Elizabeth Teed, [email protected] (Updated: 05/11/2022)

NMTC Site Visits

Congressman Westerman Tours Highland Pellets

Congressman Bruce Westerman (R-AR) and Senator John Boozman (R-AR) toured the new Highland Pellets plant in Pine Bluff, AR.

Voices from the Community

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, Arkansas

District Highlights

30

projects

$220,587,574

NMTC allocation

$339,422,826

total project financing

1,463

FTE jobs

587

construction jobs

Manufacturing

In the district, the NMTC has financed 17 projects expanding manufacturing businesses through 2021

NMTC Project Profiles (Inside the District)

2020

Warren, AR

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital,…
2017

Pine Bluff, AR

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through…
2018

Clarksville, AR

Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to…

State Fact Sheet