Almond Bros Lumber Co

Coushatta,
LA
(2014)

Almond Bros Lumber Co

Manufacturing, Rural, Timber and Agriculture

Financing for a sawmill in Coushatta, Louisiana.

Investment

NMTC Amount: $12,489,300
Total Project Cost: $12,489,300

IMPACT

100 FTE jobs
15 jobs created, 85 retained

CDEs

Advantage Capital

Investor

Unknown

Project Description

Finances inventory and equipment for a 5th generation lumber mill that was heavily damaged by the February 2021 ice storm that impacted the southern United States. This working capital funding was expected to help create 15 new permanent jobs and help retain 85 current jobs in this severely distressed census tract.

MAP

Address: 403 Ringgold Avenue, Coushatta, LA 71019

Census Tract: 22081960300

Other Louisiana Projects

Bayou Holdco Inc.

New Iberia,
LA
(2021)

Manufacturing

CDE(s): Advantage Capital

Bayou specializes in pipe coating services for the oil and gas industry. The Company works on both onshore and offshore projects. This project provided the Company with funds for equipment

HCI Construction

New Orleans,
LA
(2003)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital

NMTC financing supported the HCI Construction project.

T.I. Contracting

Chalmette,
LA
(2021)

Business Development, Infrastructure, Manufacturing, Transportation and Ports

CDE(s): Advantage Capital

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

CommCare Nathchitoches

Natchitoches,
LA
(2021)

Community, Nursing Homes and Hospice

CDE(s): AMCREF Community Capital, Hampton Roads Ventures

CommCare is constructing a 72,000 sq. ft. skilled nursing and rehabilitation facility in Natchitoches, LA that will serve 120 patients per year, 80% of which will be low-income.