EFCO Corporation

New Markets Tax Credit Coalition

Monett,
MO
(2018)

EFCO Corporation

Business Development, Manufacturing, Rural

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

Central Bank of Kansas City, Truist

Investor

Truist

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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