New Markets Tax Credit Coalition

  • Hazlehurst,
  • GA
  • (2012)

Beasley Forest Products

District: Austin Scott (R-GA08)

NMTC financing for an innovative sustainable forestry company whose operations include sawmills, wood pellets (for renewable energy), timberland and environmental remediation products.

Investment

  • NMTC Amount: $14,613,500
  • Total Project Cost: $14,613,500

IMPACT

  • 213 FTE jobs

CDEs

Investor

Project Description

Beasley is an innovative sustainable forestry company whose operations include sawmills, wood pellets (for renewable energy), timberland and environmental remediation products. Beasley is the 2nd largest private employer in a rural county which suffered from high unemployment. Beasley owns thousands of acres of timberland and is committed to good environmental stewardship by participating in the Sustainable Forest Initiative program.

AMCREF provide the company with NMTC financing for its expansion.

MAP

Address: 712 Uvalda Highway, Hazlehurst, GA 31539

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