Grooms Aluminum

The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment.

Investment

  • NMTC Amount: $2,200,000
  • Total Project Cost: $2,200,000

IMPACT

  • 6 FTE jobs
  • 1 construction jobs

Investor

Project Description

Grooms Aluminum is a aluminum processing and smelting facility. The project was for the purchase of a large piece of equipment and the construction of real estate needed to house the new equiment.

MAP

Address: 615 Industrial Drive, Ashville, AL 35953

Census Tract: 1115040401

Other Alabama Projects

NMTC equity helped fund the construction of a 105,000-sq. ft. office building at Auburn University in Alabama.
A pipe manufacturing plant expanded operations and brought skilled jobs to Selma, AL
Financing for the addition of a state-of-the-art, 24,000 square foot building to the existing facility as well as installing a new Annealing Furnace, Water Cooling System and Melting Furnace, which

This LEED Certified project consists of a new 2-story, approximately 42,000 square feet detached educational & administration building for Faulkner State Community College (now Coastal Alabama Community College). This building