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

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Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw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

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.

Field Health System

Centreville,
MS
(2013)

Community, Healthcare, Hospitals and Emergency Services, Rural

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

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

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.

Empire and Stribling Winona

Winona,
MS
(2020)

Automotive, Retail, Retail and Commercial, Rural

CDE(s): Brownfield Revitalization, Capital One, Three Rivers CDE

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.

Express Grain Terminals Greenwood

Greenwood,
MS
(2020)

Business Development, Manufacturing, Rural

CDE(s): AMCREF, Heartland Renaissance Fund, Local Initiatives Support Corporation

NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.