Bruce Westerman (R-AR04)

Tax Staffer: Miles Bolin, miles.bolin@mail.house.gov. Last updated: 10/04/2024

Rep. Westerman (R-AR) tour of Caddo River Forest Products

A sawmill in Glenwood that has been closed for nearly 10 years will be buzzing once again.

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District Highlights (Through 2023)

31 projects
247,587,574 in NMTC allocation
534,925,297 total project financing
2,564 FTE jobs created or retained
995 construction jobs created
17 manufacturing businesses

31

projects

$247,587,574

NMTC Allocation

$534,925,297

in total project financing

2,564

FTE jobs

995

construction jobs

17

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

University of the Ozarks Thomas and Frances Wilson Science Center (2021)

Clarksville, AR

Higher Education
CDEs: Heartland Renaissance Fund, Southern Bancorp

Finances the renovation and expansion of the Science Center at University of Ozarks

Oasis Trading (2020)

Warren, AR

Business Development, Manufacturing, Rural
CDEs: Advantage Capital

Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide better cash flow for the company.

LB Amfuel (2020)

Magnolia, AR

Business Development, Manufacturing, Rural
CDEs: Advantage Capital

Working capital to allow a company to expand and grow.

Scenic Hill Solar (2018)

Clarksville, AR

Community, Energy, Environment, Rural, Solar
CDEs: Midwest Renewable Capital

Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to 7 MW.

Husqvarna Forestry Products (2017)

Nashville, AR

Business Development, Manufacturing, Rural
CDEs: 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.

Highland Pellets (2017)

Pine Bluff, AR

Adult Education, Biofuels, College or Vocational Training, Community, Energy, Environment, Manufacturing
CDEs: Capital One, Heartland Renaissance Fund, River Gorge Capital