New Markets Tax Credit Coalition

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Manufacturing

An Unparalleled Hub for Urban Manufacturing and Innovation in Greensboro, NC
Investment in a carbon-negative, USDA-inspected meat processor
Innovating in agriculture and recycling for environmental and community good.
Investment into manufacturer restores lost jobs and helps to revitalize distressed community.
Upgrades made to a manufacturing facility could expand its imprint from 500 employees to up 1,200 employees.
The NMTC provided a food packaging company with funds needed to expand their current facility and purchase needed equipment.
NMTC financing helped a hygiene products manufacturer expand

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

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

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

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 invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.
The NMTC helped preserve 35 high-paying jobs and transition a company to a new phase of growth.
The renovation of the John Hope and Aurelia Franklin Library, the Driscoll House, the Boyd House, and new construction for the Roland Parrish Career Center.
NMTC financing supported Continental Tire's $155 million expansion in Mt. Vernon, IL.
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

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 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

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 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

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

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 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

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

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

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

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.
NMTC financing supports upgrades to a steel slitting line and other production equipment, purchase of an edger, and investment in an inventory program.
The new construction of a 513,000 sq. ft. distribution center for Husqvarna Consumer Outdoor Products
McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

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

MycoWorks is a cleantech company developing, manufacturing and selling alternative, sustainable and high-end biomaterials, using an array of proprietary, patented technologies stemming from mycology, agricultural, and engineering R&D and expertise.

This project will finance the equipment acquisition required to construct an ultra-low temperature fish freezing, cold storage salmon processing facility that will operate on water. The facility will spend peak

Century-old Wisconsin Manufacturer Expands, Builds New Foundry in Manitowoc