Express Grain Terminals Greenwood

NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.

Investment

  • NMTC Amount: $18,637,200
  • Total Project Cost: $23,366,076

IMPACT

  • 129 FTE jobs
  • 60 construction jobs

Investor

Project Description

Express Grain Terminals, LLC is an agricultural product processor headquartered in Greenwood, Mississippi. NMTCs financed the expansion of their soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement. The purchase of additional equipment will increase production capacity – doubling the processing capacity to 20 million bushels of production per year. Post-expansion, Express Grains expects to meet 50% of the state’s processed soybean product demand.

MAP

Address: 2015 River Road Extension, Greenwood, MS 38930

Census Tract: 28083950700

Other Mississippi Projects

Express Biodiesel built a new plant to produce up to 15 million gallons per year of biodiesel from locally sourced soybean oil and waste poultry processing oils.
NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.
Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.
Chicken processing facility upgrade including an automated breast de-boner and an expansion of retail bagging capabilities at a 99,000 sq. ft. Central Mississippi plant.