Crosby Group Lebus Manufacturing

Gregg,
TX
(2017)

Crosby Group Lebus Manufacturing

Business Development, Manufacturing

Forgings Manufacturing facility.

Investment

NMTC Amount: $27,920,000
Total Project Cost: $68,427,698

IMPACT

50 FTE jobs

CDEs

Enhanced Capital, River Gorge Capital, Texas Mezzanine Fund, TruFund, Wells Fargo

Investor

Wells Fargo

Project Description

The Crosby Group, which manufactures hooks, shackles and other parts for use in lifting and heavy rigging equipment, in March 2015 bought the former Dana Corp. plant at 2414 Crosby Way (formerly Dana Way) in the South Business Park and began production there seven months later, company officials said.

MAP

Address: 2414 Crosby Way, Gregg, TX 75602

Census Tract: 48183020604

Other Texas Projects

Housing Channel

Irving,
TX
(2021)

Affordable Housing

CDE(s): Housing Partnership Network

With a $6 million allocation, Housing Channel plans to develop Irving Commons, which will offer 28-30 high density homeownership opportunities within the Heritage Crossing district. The proposed townhome development is

Paul Quinn College Trammel Crow Living and Learning Center

Plano,
TX
(2018)

Adult Education, College or Vocational Training, Community, Vocational Training

CDE(s): Texas Mezzanine Fund

Paul Quinn College, the creator of the Urban Work College Model and one of the nation's most innovative colleges, broke ground on its first new building on campus in 40

AAON Longview

Longview,
TX
(2019)

Business Development, Manufacturing

CDE(s): National New Markets Fund

A leading manufacturer of heating and cooling products used NMTC financing for its new facility expansion at the Longview, Texas manufacturing plant.

Houston Meat Distributors, Inc.

Pasadena,
TX
(2022)

Business Development, Food Manufacturing, Manufacturing, Retail

CDE(s): Five Points Capital

The relocation and expansion of Houston Meat Distributors, Inc. into their new headquarters which includes a new, state-of-the-art, cold storage facility