Manufacturing

Westin, Inc. (2022)

Fairbury, NE
The NMTC provided a food packaging company with funds needed to expand their current facility and purchase needed equipment.

Pacha Soap Company (2021)

Hastings, NE
NMTC financing helped a hygiene products manufacturer expand

Matthews International Searcy (2021)

Searcy, AR

Matthews International Corp. announced recently that it is expanding its operations in Searcy. The expansion will add approximately 15,000 sq. ft. to Matthews existing Searcy facility, while growing its manufacturing

Bongards, Perham (MN) (2024)

Perham, MN
New Markets Tax Credit financing for equipment toward the expansion of a cheese and whey processing facility in Perham, Minnesota.

Marvin Composites (2023)

Fargo, ND
Finances the construction and equipping of a new 150,000 sq. ft. facility expansion on the site of its existing facility.

VinTech Nano Materials ()

Vintech Nano Materials produces lubricants, coatings, and cutting tools using proprietary nanoscale additives that increase production rates and part quality while reducing setup times and costs. The company received NMTC

The West Virginia Great Barrel Company Demonstrates NMTC Success ()

Letter to the editor in the Register Herald

Beasley Forest Products (2012)

Hazlehurst, GA
NMTC financing for an innovative sustainable forestry company whose operations include sawmills, wood pellets (for renewable energy), timberland and environmental remediation products.

Caddo River Forest Products (2017)

Glenwood, AR
Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

T.I. Contracting (2021)

Chalmette, LA

T.I. Contracting is a trucking, hauling, logistics, and government contracting firm. T.I. Contracting has recently received contracts to work on pump stations in various municipalities. The project provided funds for

Mason Manufacturing (2010)

Decatur, IL
The NMTC helped preserve 35 high-paying jobs and transition a company to a new phase of growth.

Fisk Univeristy (2023)

Nashville, TN

In January, HOPE made a $7.5 million New Markets Tax Credit investment in Nashville-based Fisk University to support the renovation of the John Hope and Aurelia Franklin Library, the Driscoll

Chequamegon Food Co-op (2015)

Ashland, WI

The Chequamegon Food Co-op is a member-owned grocery in Ashland on Lake Superior’s south shore. The co-op relocated and expanded thanks to financing from a community revolving loan from the

Bar Pole and Piling Revives Mississippi Mill Using New Markets Tax Credit Funding from UB Community Development; Creates 20 New Full-Time Jobs ()

UB Community Development, LLC (UBCD), a community development partner of United Bank, was pleased to provide a combined $10 million in Federal and Mississippi New Markets Tax Credit (NMTC) funding

Continental Tire (Mt. Vernon) (2013)

Mount Vernon, IL
NMTC financing supported Continental Tire's $155 million expansion in Mt. Vernon, IL.

Sovereign Pipe (2022)

Shawnee, OK
The NMTC investment will be used by Sovereign Pipe to purchase a portion of the new equipment that will be used in the manufacturing of HDPE pipe

Cimolai-HY (2023)

Olean, NY

This project will partially finance the acquisition and renovation of the former Dresser-Rand/Siemens Energy industrial facility in Olean, NY, the acquisition and commissioning of manufacturing equipment, and the training of

Dreamtroit (2022)

Detroit, MI

Dreamtroit consists of the redevelopment of the former Lincoln Motor Company headquarters into a mixed-used, mixed-income historic redevelopment. The project aims to combat displacement of artists while delivering affordable residential

Dadeville Pole Company (2022)

Dadeville, AL

UB Community Development, LLC (UBCD), a community development partner of United Bank, provided $7.5 million in New Markets Tax Credit funds for Dadeville Pole Company, LLC (DPC) to construct a

Sigilo, LLC (2023)

Lincoln, NE

Sigilo, LLC d/b/a Spreetail is a “marketplace enabler” that provides brands, particularly those selling heavy and bulky items, the ability to sell products on 15+ online marketplaces. The Company effectively

Pittsburgh Glass Center (2022)

Pittsburgh, PA

The project involves the $12.2 million renovation and/or expansion of two buildings supporting the work of the Pittsburgh Glass Center (“PGC”), a local nonprofit, public-access education center, art gallery and

Fab-Tek (2023)

Hazlehurst, MS

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 (2022)

Greenwood, MS

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 (2022)

Isola, MS

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

Climate by Design International, Inc. (2022)

Owatonna, MN
The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility

East Garfield Park (2021)

Chicago, IL

Baum Revision, LLC is a real estate development company based in Chicago, Illinois. It is acquiring and rehabilitating two industrial properties at 3333 W. Lake St and 3843 W. Lake

Mississippi Center for Innovation and Technology (2022)

Vicksburg, MS

Adaptive reuse of a 50,000 sq. ft. 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.

Siegel Steel (2022)

Chicago, IL

In August 2022, CDF provided $6.5 million in New Markets Tax Credit (NMTC) allocation to Siegal Steel (Siegal) to fund equipment expenditures at a steel coil processing plant located at

Husqvarna Consumer Outdoor Products (2014)

Orangeburg, SC
The new construction of a 513,000 sq. ft. distribution center for Husqvarna Consumer Outdoor Products

Second Phase of Rich Products’ Brownsville, Texas, Expansion Under Way ()

$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Rich Products (2024) (2024)

Brownsville, TX
$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Make the New Markets Tax Credit permanent ()

The New Markets Tax Credit helps provide jobs, economic development and food security, says Dr. Chris Freeman, CFO of Bongards Creameries. He says it should be a permanent federal policy.

McNeilus Steel ()

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

Monogram Foods (2023)

Martinsville, VA

Expansion of a food packaging facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities. Supported the facility expansion and equipment purchase

Lyon Group (2023)

Watseka, IL

Lyon manufacturers steel lockers, shelving, and cabinets, which it sells primarily to distributors and general contractors. Our financing supported equipment purchases, mainly related to the addition of two automated production

CP Kelco U.S., Inc. (2023)

Okmulgee, OK

CP Kelco is a nature-based ingredient company that produces KELCOGEL® Gellan Gum, an innovative clean label ingredient (100% natural, no additives, no preservatives), which is sourced from naturally occurring lily