Business Development

McComb,
MS
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

New investment will fuel Modern Mill’s rapid growth, helping it to expand its zero-waste production capacity and nearly triple its current employee base.

Imperial Zinc Corporation Project 2

Chicago,
IL
(2022)

Manufacturing

CDE(s): USBCDE

Finances the construction of a 49,000 sq. ft. zinc processing facility in Chicago’s Pullman neighborhood to replace a 32,000 sq. ft. building that burned down last year.

Lock Joint Tubing

Orwell,
OH
(2021)

Manufacturing

CDE(s): Development Fund of the Western Reserve

Lock Joint Tube manufactures mechanical and structural grade steel tubing in five plants located in Indiana, Ohio, Texas, and Tennessee.

Hydrofoam SoCal

Santa Fe Springs,
CA
(2011)

Warehouse and Wholesale

CDE(s): California Urban Investment Fund

NMTC financing supported an expansion of a firm involved in hydrofoam distribution services.

M & H Waterjet Solutions

Saint Louis,
MO
(2017)

Manufacturing

CDE(s): Midwest Industrial Redevelopment Fund

NMTC financing supported a Material Cutting Fabricator. The company’s waterjet will cut through virtually any material with ease. Materials as delicate as paper and as hard as steel can be

Grappone Automotive

Concord,
NH
(2022)

Automotive, Business Development, College or Vocational Training, Community, Retail, Retail and Commercial, Vocational Training

CDE(s): Mascoma Community Development

Automotive company to move Mazda dealership to Concord and expand employee training, community outreach efforts

TWG Supply, Inc.

Grapevine,
TX
(2021)

Auto Manufacturing, Business Development, Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

A $4 million project provided the company with working capital and restructured existing debt.

ResinTech

Camden,
NJ
(2019)

Business Development, Manufacturing

CDE(s): Cinnaire New Markets, Consortium America, New Jersey Community Loan Fund

Construction of new production facilties for Resintech, Inc. and ActionPak, Inc. ResinTech Inc’s facility in Camden, NJ was the first ion exchange resin manufacturing plant built in the U.S. in

Weidmann Technology

Saint Johnsbury,
VT
(2010)

Business Development, Manufacturing, Rural

CDE(s): Evernorth Rural Ventures, Grow America, MHIC

Electrical Insulation Manufacturer: A project involved the construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for

Tommy Car Wash Systems

Holland,
MI
(2021)

Business Development, Manufacturing

CDE(s): Cinnaire New Markets

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in NMTC allocation.

Alco Products

Detroit,
MI
(2016)

Business Development, Manufacturing

CDE(s): Midwest Industrial Redevelopment Fund

NMTC financing supported the Alco Products project.

Natural Fiber Welding, Inc.

Peoria,
IL
(2021)

Business Development, Manufacturing

CDE(s): Community Development Venture Capital Alliance

Natural Fiber Welding, Inc. closed $15M in NMTC funding, accelerating growth of the company to meet the demand of MIRUM® and CLARUS® product lines.

Mattingly Foods

Zanesville,
OH
(2019)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Midwest Industrial Redevelopment Fund

NMTC financing for Mattingly Foods a leading regional food service supplier that distributes food products and other goods to chain restaurant operators in more than a dozen states.

Brooklyn Navy Yard, Building 128

Brooklyn,
NY
(2012)

Business Development, Incubator, Manufacturing, Science and Tech

CDE(s): Empire State Development Corporation, GS New Markets Fund, TruFund

Three CDEs turned a deserted, rotted-out structure and turned it into a hub for job creation.

Brooklyn Navy Yard, Building 77

Brooklyn,
NY
(2014)

Business Development, College or Vocational Training, Community, Healthcare, Incubator, Manufacturing, Vocational Training

CDE(s): BRP, Dudley Ventures, GS New Markets Fund

NMTC financing transforms vacant structure into world-class center for manufacturing and workforce development.

Momemi & Sons

Adairsville,
GA
(2022)

Business Development, Manufacturing, Rural

CDE(s): Dudley Ventures, Rural Development Partners

NMTC financing supports anchor for catalytic regional development.

Gateway Center

Oberlin,
OH
(2014)

Community, Culinary Entrepreneurship, Mixed-use, Mixed-use and Commercial

CDE(s): Chase, Development Fund of the Western Reserve, Dudley Ventures

The Gateway Project is a LEED‐Platinum, mixed‐use development in Oberlin, Ohio’s new Green Arts District.

Spot Bicycles

Denver,
CO
(2017)

Business Development, Manufacturing

CDE(s): Greenline Ventures

Working capital to enable a business to purchase new inventory in support of the launch of their newest bike model, hire an additional engineer, and purchase new machinery to support

Abell Building

Baltimore,
MD
(2006)

Business Development, Historic Rehabilitation, Manufacturing, Retail

CDE(s): CCG Community Partners

Conversion of a historic structure into 33 luxury market rate rental residential apartments and 12,000 square feet of ground floor retail space.

University of Miami Life Sciences Park

Miami,
FL
(2009)

Business Development, Incubator

CDE(s): Florida Community Loan Fund

Wexford Science+ Technology is developing the UM Life Science Park to provide opportunities to foster the development of life sciences, technology, and biotechnology innovations.

Sarla Performance Fibers

Walterboro,
SC
(2013)

Business Development, Manufacturing, Plastics and Chemicals, Rural

CDE(s): National New Markets Fund

Sarla Performance Fibers, based out of Mumbai, India, began the expansion of a new polyester yarn and thread manufacturing facility in rural South Carolina in early 2013.

Custom Truck

Kansas City,
MO
(2014)

Business Development, College or Vocational Training, Manufacturing

CDE(s): AltCap

Construction of a new 21,000 square foot office as well as a new service facility, opening up opportunities for even more expansion of the already growing business.

Reeves-Wiedeman Company

Kansas City,
MO
(2010)

Business Development, Historic Rehabilitation, Retail, Warehouse and Wholesale

CDE(s): AltCap

A local plumbing supply company dating back to 1887 renovated the historic oh Dean building located at 3536 Main Street and converted it into office and retail space.

Yokohama Tire Manufacturing

West Point,
MS
(2014)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Community Impact Fund, Dudley Ventures, Midwest Renewable Capital

The acquisition of machinery and equipment to be used in the nearly 1,000,0000 square foot tire manufacturing facility, which is located in rural West Point, MS.

Sioux Chief Manufacturing Facility

Kansas City,
MO
(2015)

Business Development, Manufacturing

CDE(s): AltCap, Central Bank of Kansas City, Enterprise Financial CDE

In 2015, AltCap designated $14.5M in NMTC allocation to Sioux Chief Manufacturing to help build a new $40M facility at the CenterPoint-KCS Intermodal Center in south Kansas City.

Go Lab

Madison,
ME
(2021)

Business Development, Incubator

CDE(s): Mascoma Community Development, MHIC

A New Markets Tax Credit transaction funds construction of a wood-fiber insulation factory at the former UPM paper mill in Madison.

Dakkota Integrated Systems

Lansing,
MI
(2021)

Business Development, Manufacturing

CDE(s): Invest Detroit CDE, Michigan Community Capital

Dakkota Integrated Systems expanded its facilities with assistance from a NMTC allocation from Michigan Community Capital.

Ampro

Memphis,
TN
(2021)

Business Development, Manufacturing

CDE(s): Hampton Roads Ventures, Truist

NMTC financing supported the Ampro project.

Keppel Building

Lancaster,
PA
(2016)

Business Development, Historic Rehabilitation, Mixed-use, Mixed-use and Commercial, Office, Retail

CDE(s): Commonwealth Cornerstone Group

Rehabilitation and redevelopment of the Koppel Building creates 59k sq. ft. of mixed-use retail and residential space

Delco Trailers

Brookston,
TX
(2021)

Manufacturing

CDE(s): Rural Development Partners, Waveland Community Development

RDP allocated $18MM in NMTCs to help Delco Trailers construct a new 550,000 sq. ft. trailer manufacturing facility.

Alstom Transportation

Hornell,
NY
(2021)

Business Development, Manufacturing, Rural

CDE(s): Bluehub, Chase, Community Development Venture Capital Alliance, Hampton Roads Ventures, Local Initiatives Support Corporation, Rural Development Partners

RDP allocated $10M in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S.

Izzy’s Ice Cream

Minneapolis,
MN
(2012)

Business Development, Food Manufacturing, Manufacturing, Retail

CDE(s): University Financial Corp.

A purpose-built ice cream kitchen designed by award-winning Minnesota architect David Salmela - is taking shape across and up the Mississippi in a lot just across Gold Medal Park from

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.

Heartland AG Systems

Great Bend,
KS
(2017)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Chase, Community Impact Fund, River Gorge Capital

River Gorge Capital used NMTC financing to provide working capital and to purchase inventory to facilitate growth of Heartland Ag's operations at a new wholesale facility. Heartland Ag services and

Natureplex

Memphis,
TN
(2019)

Business Development, Manufacturing

CDE(s): River Gorge Capital

Financing to Natureplex to support the purchase and equipping of a new facility

Gammill

West Plains,
MO
(2017)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

NMTC financing helped Gammill, a quilt machine manufacturer, grow their business.