New Markets Tax Credit Coalition

Search
  • Glenwood,
  • AR
  • (2017)

Caddo River Forest Products

District: Bruce Westerman (R-AR04)

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

Investment

  • NMTC Amount: $6,951,000
  • Total Project Cost: $10,000,000

IMPACT

  • 136 FTE jobs

CDEs

Project Description

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

The company manufactures dimensional and specialty lumber. The re-start of the mill also provided indirect employment opportunities for loggers, landowners and transportation specialists.

External Profile

MAP

Address: 229 South Spur 8, Glenwood, AR 71943

Missing information? Submit an update or correction.

Site Visits

Rep. Westerman (R-AR) tour of Caddo River Forest Products

A sawmill in Glenwood that has been closed for nearly 10 years will be buzzing once again.
Learn more...
Jun-2017

Other Arkansas Projects

Arkansas Math and Science School
  • Hot Springs,
  • AR
  • (2010)
  • CDE(s): Heartland Renaissance Fund
New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs.
Learn more..
Highland Pellets
  • Pine Bluff,
  • AR
  • (2017)
  • CDE(s): Capital One, Heartland Renaissance Fund, River Gorge Capital
Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program.
Learn more..
Excel Boats
  • Mountain View,
  • AR
  • (2015)
  • CDE(s): Advantage Capital
Financing for Excel Boats, one of the country's premier aluminum boat manufacturers that caters to outdoor enthusiasts.
Learn more..
Open Avenues
  • Rogers,
  • AR
  • (2011)
  • CDE(s): Heartland Renaissance Fund
Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters
Learn more..