New Markets Tax Credit Coalition

  • Stoughton,
  • MA
  • (2018)

American SprialWeld Pipe Co.

District: Stephen Lynch (D-MA08)

The new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas.

Investment

  • NMTC Amount: $560,000
  • Total Project Cost: $560,000

IMPACT

  • 150 FTE jobs
  • 275,000 sq. ft. of real estate

CDEs

Investor

Project Description

The project involves the new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas. The project creates 150 full time jobs with average starting wages for production employees of $46,000 in addition to full benefits.

External Profile

MAP

Address: 220 Cushing Street, Stoughton, MA 2072

Census Tract: 25021456301

Missing information? Submit an update or correction.

Other Massachusetts Projects

50 Prescott Street
  • Worcester,
  • MA
  • (2011)
  • CDE(s): MassDevelopment
This innovative financing package helped fund construction of a 95,000-sq. ft. wet lab at Gateway Park in Worcester, which is expected to create 40 jobs.
Learn more..
Family Nurturing Center
  • Boston,
  • MA
  • (2018)
  • CDE(s): MHIC
Family Nurturing Center offers nurturing parenting and educational programs and community-based family support networks that help create functioning families and prevent child abuse in a 5,400 sq. ft. building in
Learn more..
Springfield Prep Charter School
  • Springfield,
  • MA
  • (2020)
  • CDE(s): Civic Builders
Finances the renovation and expansion of a vacant 43,515-sq. ft., single-story office building on 4.31 acres, repurposed into a K-8 school.
Learn more..
River Valley Co-op
  • Northampton,
  • MA
  • (2020)
  • CDE(s): Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund
NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in Easthampton, MA, a USDA designated Food
Learn more..