T000193-3

Bennie Thompson (D-MS02)

Tax Staffer: Deidre Alexander, deidre.alexander@mail.house.gov.

District Highlights

  • 94 projects
  • 715,308,161 in NMTC allocation
  • 1,270,359,582 total project financing
  • 5,780 FTE jobs created or retained
  • 3,431 construction jobs created
  • 36 manufacturing businesses
  • 2 federally qualified health centers

94

projects

$715,308,161

NMTC Allocation

$1,270,359,582

in total project financing

5,780

FTE jobs

3,431

construction jobs

2

federally qualified health centers

36

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Fab-Tek of Central Mississippi, Inc., is a locally owned, light manufacturing business specializing in fabricating metal, polymers and plastics. The company produces and retools light manufacturing equipment and components for

Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw

PB Community Impact Fund provided a $3.6 million New Market Tax Credit enhanced loan to Consolidated Catfish Producers to refinance high-interest debt that was burdening its operations. Consolidated Catfish Producers

Adaptive reuse of a 50,000 sf. registered historic factory/warehouse into a learn/work hub containing an entrepreneurial center, a graduate center, a State Technology Transfer Center, and a craft brewery.

Premium-quality flexible packaging solutions provider McNeely Plastic Products has revealed plans to expand its plastic product manufacturing facility in Clinton, Mississippi, US. The company received $4.5m Federal NMTC (NMTC) allocation

In October 2021, AMCREF Community Capital provided $7.5 million of NMTC financing to Image Industries, Inc.
The renovation and expansion of the Montfort Jones Memorial Hospital which provides critical healthcare services to an extremely rural, medically underserved population in Mississippi.
Through partnerships with banks from inside and outside of the region, HOPE was able to use the NMTC Program to finance the construction of a new facility in a community
Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.
Construction of a new, state-of-the-art heavy truck dealership which will offer sales and support for new, used, rental and leased heavy-duty trucks and equipment.
NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.
The Mississippi Band of Choctaw Indians used the NMTC to support its new early childhood education centers and an elementary school expansion.

Projects Nearby the District

Ferriday, LA (2018)

Riverland Medical Center

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Vidalia, LA (2018)

Vidalia Denim

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McComb, MS (2021)

Modern Mill, Inc.

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Philadelphia, MS (2012)

KemPosits Manufacturing Company

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Philadelphia, MS (2007)

Chocktaw Hotel

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Projects Nearby the District

Ferriday, LA (2018)

Riverland Medical Center

View Details

Vidalia, LA (2018)

Vidalia Denim

View Details

McComb, MS (2021)

Modern Mill, Inc.

View Details

Philadelphia, MS (2012)

KemPosits Manufacturing Company

View Details

Philadelphia, MS (2007)

Chocktaw Hotel

View Details