Machine Shops and Metal Fabrication

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

Cooper Steel

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.

Commercial Metals Company

Durant,
OK
(2015)

Machine Shops and Metal Fabrication

CDE(s): Midwest Renewable Capital, National New Markets Fund, REI Development Corp, USBCDE

NMTC financing for the construction of an environmentally sustainable steel manufacturing facility in Durant, OK.

Globe Metallurgical, Inc.

Selma,
AL
(2023)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Tech Manufacturing

CDE(s): United Bank of Alabama

$13.5 million in New Markets Tax Credit allocations toward the silicon metal manufacturing facility in Selma, Alabama

Jones Building Rehab

Suffolk,
VA
(2007)

Community, Healthcare, Machine Shops and Metal Fabrication, Retail

CDE(s): Truist

The Jones Building in Suffolk, VA originally housed four retail bays and a movie theater on the ground floor. A fire in the mid-1980’s nearly destroyed the building. The movie

Daltons Aura Fabricators Expands to Fergus

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Local Initiatives Support Corporation

A.B. May nets more incentives for move to KC

Business Development, Community, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): AltCap

Briggs and Stratton Corporation

Statesboro,
GA
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Dudley Ventures, MuniStrategies, Truist

Brigggs and Stratton's Statesboro, GA plant modernization.

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

Mueller Copper Tube Co Inc

Fulton,
MS
(2017)

Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals

CDE(s): Southern Community Capital

Mueller utilized NMTC proceeds in the second phase of its expansion and modernization of copper tube and line production at its Fulton, Mississippi facility.

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.

Metal Machining

Ogden,
UT
(2021)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

Funds for equipment purchase, working capital, and ground up construction of an adjacent facility for a manufacturer.

Aububon Metals

Corsicana,
TX
(2021)

Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): AMCREF, Consortium America, CRFUSA, Rural Development Partners, The Valued Advisor Fund

(Via RDP) Rural Development Partners (RDP) is proud to partner with Audubon Metals Texas LLC to help expand the company and bring quality jobs to Corsicana, TX using New Market

Missouri Cobalt

Fredericktown,
MO
(2019)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

NMTC financing supported environmental cleanup at at cobalt mining operation.

GMDC Ozone Park Industrial Center

Ozone Park,
NY
(2017)

Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, Enterprise Community Partners, NYC Neighborhood Capital Corporation

Acquistion and construction/rehab of prodcution space for small and mid-size manufacturers.

AB May

Kansas City,
MO
(2014)

Business Development, Community, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): AltCap

A family-owned service company with a long history in Kansas City is now able to grow its business and expand its reach in the city.

East Coast Aluminum Products, Inc.

Fort Pierce,
FL
(2010)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Warehouse and Wholesale

CDE(s): Advantage Capital

Financing to support East Coast Aluminum Products, Inc, an aluminum supplier and wholesaler located in Fort Pearce.

Dallas Lite & Barricade

Dallas,
TX
(2020)

Business Development, Environment, Machine Shops and Metal Fabrication, Manufacturing, Warehouse and Wholesale

CDE(s): Capital One, Dallas Development Fund

Remediation and rehabilitation of a 23,000+ sq. ft. warehouse building for equipment related to traffic control.

Grooms Aluminum

Ashville,
AL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Advantage Capital

The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment.

United Alloy

Seguin,
TX
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Prestamos CDFI, Texas Mezzanine Fund

NMTC financing was utilized to support the purchase and installation of equipment and construction of an industrial facility in Seguin, TX.

BD Xtreme

Bonifay,
FL
(2020)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

BD Xtreme is an aluminum boat manufacturer. The project allowed the company to acquire real estate, purchase equipment and inventory, restructure debt, and provide the needed working capital for expansion

Roquette America, Inc. (2008/2010)

Keokuk,
IA
(2010)

Business Development, Food Manufacturing, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Rural

CDE(s): Rural Development Partners, USBCDE

NMTCs were used to finance equipment, buildings, utilities, load-out, road development and engineering costs of an industrial plant.

Mirac, Inc

West Union,
OH
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

AA $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that helps keep jobs in rural Ohio.

Steel Warehouse of OH – Warren

Warren,
OH
(2019)

Brownfield Remediation, Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Capital One, Development Fund of the Western Reserve, Finance Fund

Investment in steel fabricator positions small rural community as a leader in the heavy equipment supply-chain.

Farwest Steel

Vancouver,
WA
(2011)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Bank of America, Brownfield Revitalization, CRFUSA, United Fund Advisors

Steel manufacturer expands capacity and creates critical manufacturing jobs.

Nemak

Sylacauga,
AL
(2017)

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): AMCREF, Chase, MuniStrategies, Rural Development Partners

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.

American Tubing Arkansas

Springdale,
AR
(2016)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): National New Markets Fund

New building/equipment for an existing manufacturer of air conditioning components.

Steel Warehouse Tucker

South Bend,
IN
(2016)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Warehouse and Wholesale

CDE(s): United Fund Advisors

Financing for a steel fabricating company that expanded a new line of busincess focused on product development.

TDC Cutting Tools

Seneca,
SC
(2015)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural, Waste Management

CDE(s): Bank of America, Innovate Fund

The construction of a 47,000-sq.-ft. campus, including a 32,000-sq.-ft. office building and a 15,000-sq.-ft. high-speed metals recycling facility.

McLaughlin Body Company

Rock Island,
IL
(2018)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Central States Development Partners

Financing for a metal fabrication company with a emphasis on the manufacturing of cabs used in the agriculture and construction industries.

Rhoads Industries

Philadelphia,
PA
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): Chase, City First, Enhanced Capital, PIDC Community Capital

Renovation of a one-story, plus mezzanine manufacturing facility.

TMS International

Osceola,
AR
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Chase, Heartland Renaissance Fund, MuniStrategies, River Gorge Capital

Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.

Vineburg Machine

Mound House,
NV
(2014)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Advantage Capital

New equipment purchases helped a machine shop retain its 36 current employees and create 10 additional jobs.

SuperSteel

Milwaukee,
WI
(2013)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): First-Ring Industrial Redevelopment Enterprise

NMTC financing supported the SuperSteel project.

Winsert

Marinette,
WI
(2012)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Rural

CDE(s): WHEDA

NMTC financing supported the creation of up to 92 jobs, in addition to retaining 156 existing positions.