Bennie Thompson (D-MS02)

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

District Highlights

100 projects
753,458,161 in NMTC allocation
1,317,604,819 total project financing
5,940 FTE jobs created or retained
3,636 construction jobs created
37 manufacturing businesses

100

projects

$753,458,161

NMTC Allocation

$1,317,604,819

in total project financing

5,940

FTE jobs

3,636

construction jobs

37

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

NuFarm

Greenville,
MS
(2020)

Business Development, Manufacturing, Rural

CDE(s): MuniStrategies, Three Rivers CDE

NMTC and NuFarm bring quality manufacturing jobs to Greenville, Mississippi

Travelers Hotel

Clarksdale,
MS
(2018)

Business Development, Community, Rural

CDE(s): Local Initiatives Support Corporation

NMTC financing supported a construction loan for the rehabilitation of historic hotel in Clarksdale, MS, run by an artist co-op.

Project Everest

Water Valley,
MS
(2020)

Adult Education, College or Vocational Training, Community, Incubator, Mixed-use, Nonprofit Hub, Rural

CDE(s): Raza Development Fund

Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.

High Time Acquisitions, LLC

Clarksdale,
MS
(2024)

Manufacturing

CDE(s): Advantage Capital

A major investment project is driving industrial growth and employment in Clarksdale, MS

Locker’s Manufacturing, LLC

Batesville,
MS
(2024)

Manufacturing

CDE(s): Advantage Capital, Southern Bancorp

A specialized equipment manufacturer grew its footprint and added jobs in Batesville, MS

Fab-Tek

Hazlehurst,
MS
(2023)

Manufacturing

CDE(s): Southern Community Capital

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

Greenwood,
MS
(2022)

Manufacturing

CDE(s): PB Community Impact Fund, Southern Bancorp, Southern Community Capital

Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw

Consolidated Catfish Producers

Isola,
MS
(2022)

Food Manufacturing

CDE(s): PB Community Impact Fund

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

Mississippi Center for Innovation and Technology

Vicksburg,
MS
(2022)

Incubator, Manufacturing

CDE(s): BXS Community Fund

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.

McNeely Plastic Products

Clinton,
MS
(2023)

Manufacturing

CDE(s): Cadence Community Capital, United Bank of Alabama

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

Image Industries

Clarksdale,
MS
(2021)

Manufacturing

CDE(s): AMCREF Community Capital

In October 2021, AMCREF Community Capital provided $7.5 million of NMTC financing to Image Industries, Inc.

Montfort Jones Memorial Hospital

Kosciusko,
MS
(2019)

Community, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Community Hospitality Healthcare Services

The renovation and expansion of the Montfort Jones Memorial Hospital which provides critical healthcare services to an extremely rural, medically underserved population in Mississippi.