Fred Netterville Lumber

New Markets Tax Credit Coalition

Woodville,
MS
(2020)

Fred Netterville Lumber

Business Development, Manufacturing, Rural

Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.

Investment

NMTC Amount: $6,000,000
Total Project Cost: $22,061,095

IMPACT

70 FTE jobs

CDEs

AMCREF Community Capital

Investor

US Bank

Project Description

Netterville Lumber is a family owned and operated hardwood lumber mill founded in 1968 and is the largest employer for this rural Persistent Poverty County. Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.

MAP

Address: 3975 Buffalo Road, Woodville, MS 39669

Census Tract: 28157950100

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