Scott DesJarlais (R-TN04)

Tax Staffer: Lindsey Keller, lindsey.keller@mail.house.gov.

District Highlights

27 projects
193,650,289 in NMTC allocation
286,117,880 total project financing
1,876 FTE jobs created or retained
530 construction jobs created
11 manufacturing businesses

27

projects

$193,650,289

NMTC Allocation

$286,117,880

in total project financing

1,876

FTE jobs

530

construction jobs

11

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Cooper Steel

Shelbyville,
TN
(2024)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Heartland Renaissance Fund, Innovate Fund, Pathway Lending, Truist

Family-Run Steel Manufacturer Receives Critical NMTC Financing to Match Growing Demand

McNeilus Steel

Morrison,
TN

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Pathway Lending, Waveland Community Development

McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

Ariens Company

Fayetteville,
TN
(2023)

Manufacturing

CDE(s): Legacy Economic Growth Fund, MuniStrategies, Rural Development Partners, Waveland Community Development, Wells Fargo

New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the Fayetteville

Dot Manchester 2022

Manchester,
TN
(2022)

Food Bank or Pantry

CDE(s): Capital One, Mascoma Community Development, MuniStrategies

The construction of a 190,000 sq. ft. food product distribution center in a non-metropoletal low-income community in Manchester, Tennessee. The new facility allows Dot Foods to consolidate healthy food and

Lodge Cast Iron

South Pittsburg,
TN
(2021)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Mid-City Community CDE, Pathway Lending, People Incorporated Financial Services

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”) necessary to run a third production line. “Operations in our second

Coil Design Corporation

Dayton,
TN
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

Financing for the expansion of a manufacturer of heat exchangers.

K-VA-T Winchester

Winchester,
TN
(2021)

Grocery and Fresh Food, HFFI

CDE(s): Community Ventures, Truist

This project was for a 54,000 sq. ft. grocery store in Winchester, TN. Store includes a bakery/deli, a 500 sq. ft. pharmacy, Starbucks and a Bank. K-VA-T also purchased an

All American Enterprises

Altamont,
TN
(2016)

Business Development, Manufacturing, Rural

CDE(s): Appalachian Fund for Growth

The Appalachian Fund for Growth provided NMTC financing to support All American Enterprises, a millwork manufacturer in Altmont, TN. The company does custom millwork, countertops, and cabinetry.