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

Premium-quality flexible packaging solutions provider McNeely Plastic Products has revealed plans to expand its plastic product manufacturing facility in Clinton, Mississippi, US. The company received $4.5m Federal NMTC (NMTC) allocation

The Winston County Medical Foundation has successfully completed the new Winston Medical Center which is a 24 bed full-service hospital, 120 bed long-term senior care and rehab facility and medical
Since 1984, Resinall Corp operated a manufacturing facility that produced thermoplastic resins for use in publication ink.

Ocean Aero, Inc. (“OA”) is an award-winning autonomous ocean drone platform. The key markets include defense and security (intelligence, surveillance, and data), science and research (oceanography and meteorology data collection),