New Markets Tax Credit Coalition

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  • Longview,
  • TX
  • (2019)
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AAON Longview

District: Nathaniel Moran (R-TX01)

A leading manufacturer of heating and cooling products used NMTC financing for its new facility expansion at the Longview, Texas manufacturing plant.

Investment

  • NMTC Amount: $23,000,000
  • Total Project Cost: $28,000,000

IMPACT

  • 125 FTE jobs
  • 100 construction jobs

CDEs

Investor

Project Description

A leading manufacturer of heating and cooling products used NMTC financing for its new facility expansion at the Longview, Texas manufacturing plant. AAON received a $23.0 million NMTC allocation for the project and secured low interest financing and the potential for future debt forgiveness related to the expansion. AAON Coil Products Inc. built a $28 million addition that adds 125 jobs to its manufacturing plant southeast of downtown Longview.

External Profile

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Address: 203 Gum Springs Rd, Longview, TX 75602

Census Tract: 48183001100

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