EFCO Corporation

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

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

Other Missouri Projects

The City Garden Montessori Charter School is a key feature in the redevelopment of the McRee Town neighborhood in St. Louis
Operation Breakthrough, Inc. is a non-profit in Kansas City that purchased and renovated a property across the street from its existing facility, constructing a new gymnasium and bridge that connects
Working capital to help a communications provider expand.
St. Louis's economic development arm has committed $5M in federal NMTCs to assist a new manufacturer that makes railroad ties out of recycled plastic.