ERMCO

Dyersburg,
TN
(2021)

ERMCO

Manufacturing

Investment

NMTC Amount: $48,250,000
Total Project Cost: $72,500,000

IMPACT

125 FTE jobs
75 construction jobs
220,000 sq. ft. of real estate

CDEs

Midwest Renewable Capital, National New Markets Fund, Waveland Community Development

Investor

Chase

Project Description

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little Rock, AR. ERMCO is using NMTCs to equip and expand production facilities to produce electrical transformers and components in rural Dyer County, TN.

The project will create 75 construction jobs and 125 full-time permanent new jobs at rates well above the area living wage, with full benefits, 75 of which are projected to be available to low-income people.

MAP

Address: 2225 Industrial Road, Dyersburg, TN 38024

Census Tract: 47045964300

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