New Markets Tax Credit Coalition

  • Monett,
  • MO
  • (2018)

EFCO Corporation

District: Emanuel Cleaver (D-MO05)

NMTC financing supported the 150,000 sq. ft. expansion of a manufacturing facility and storage facility, as well as equipment purchases for additional assembly line and product storage.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,654,196

IMPACT

  • 1,232 FTE jobs
  • 50 construction jobs
  • Provides a wide range of developmental training opportunities at no cost to employees.
  • 150,000 sq. ft. of real estate

CDEs

,

Investor

Project Description

NMTC financing supported the 150,000 sq. ft. expansion of a manufacturing facility and storage facility, as well as equipment purchases for additional assembly line and product storage. The project is needed to increase efficiency, production, sales and hiring.

MAP

Address: 1000 Country Road, Monett, MO 65708

Census Tract: 29009960300

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