New Markets Tax Credit Coalition

Search

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

Renovation work is underway at Vicksburg High School.
Habitat for Humanity Mississippi Capital Area invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes.
Neshoba County Hospital is a 49-bed facility located in rural Philadelphia, Mississippi, which provides a broad range of primary care services to residents of Neshoba County and surrounding counties.

Fab-Tek of Central Mississippi, Inc., is a locally owned, light manufacturing business specializing in fabricating metal, polymers and plastics. The company produces and retools light manufacturing equipment and components for