New Markets Tax Credit Coalition

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ERMCO (Electric Research Manufacturing Cooperative)

A specialized equipment manufacturer grew its footprint and added jobs in Dyersburg, TN

Investment

  • NMTC Amount: $54,100,000
  • Total Project Cost: $150,000,000

IMPACT

  • 380 FTE jobs
  • 45 construction jobs
  • 300 jobs created and 80 jobs retained
  • 660,000 sq. ft. of real estate

Project Description

ERMCO implemented a three-phase transformer plant expansion and equipment upgrade at its Dyersburg, TN location.This project represents Phase 3, entailing the purchase and installation of equipment, and provision of essential working capital to expedite component manufacturing for critical infrastructure upgrades vital to the nation’s electrical grid.These upgrades will provide operational efficiencies that enable quick response to major power outages and optimize the Clean Energy and Electric Transmission Industries.

MAP

Address: 2030 Sylvan Road, Dyersburg, TN 38024

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