Colormasters/Master Extrusion

Albertville,
AL
(2020)

Colormasters/Master Extrusion

Business Development, Manufacturing, Rural

Purchase and installation of new equipment for the expansion of a manufacturing operation in rural Albertville, AL.

Investment

NMTC Amount: $9,960,000
Total Project Cost: $10,000,000

IMPACT

240 FTE jobs

CDEs

PNC, United Bank of Alabama

Investor

PNC

Project Description

Purchase and installation of new equipment for the expansion of a manufacturing operation in rural Albertville, AL. The company has seen substantial growth over the last 7 years and the expansion will allow it to target new market segments, acquire new customers and increase business with existing customers while benefiting the surrounding community by adding good paying, Quality jobs that are accessible to low-income people.

MAP

Address: 632 Smith Road, Albertville, AL 35951

Census Tract: 1095030903

PDF Profile

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