J-M Foods, LLC

Miami,
OK
(2020)

J-M Foods, LLC

Business Development, Food Manufacturing, Manufacturing, Rural, Timber and Agriculture

Construction of a production facility for hydroponic mushrooms.

Investment

NMTC Amount: $10,000,000
Total Project Cost: $10,000,000

IMPACT

510 FTE jobs
80 construction jobs
34,000 sq. ft. of real estate

CDEs

REI Development Corp

Investor

US Bank

Project Description

J-M Farms Inc., began in 1979 when Virgil Jurgensmeyer, Joe Jurgensmeyer and Darrell McLain founded the company. Today, the farm produces over 28,000,000 pounds of mushrooms per year.

NMTC financing from REI Oklahoma supported the construction and equipping of a 34,000 sq. ft., highly efficient, hydroponic mushroom pasteurization and production facility for J-M Foods, LLC (J-M Farms) in Ottawa County, Oklahoma.

MAP

Address: 7001 South 580 Road, Miami, OK 74354

Census Tract: 40115574600

Other Oklahoma Projects

The Tile Shop

Durant,
OK
(2013)

Retail, Warehouse and Wholesale

CDE(s): Chase, MetaFund, REI Development Corp

Tile company uses a vacant facility in Durant to expand its manufacturing process, creating 30 to 50 jobs.

Sovereign Pipe

Shawnee,
OK
(2022)

Manufacturing

CDE(s): Heartland Renaissance Fund, Wells Fargo

The NMTC investment will be used by Sovereign Pipe to purchase a portion of the new equipment that will be used in the manufacturing of HDPE pipe

CP Kelco U.S., Inc.

Okmulgee,
OK
(2023)

Manufacturing

CDE(s): REI Development Corp

CP Kelco is a nature-based ingredient company that produces KELCOGEL® Gellan Gum, an innovative clean label ingredient (100% natural, no additives, no preservatives), which is sourced from naturally occurring lily

Carl Albert Redevelopment Project

Ada,
OK
(2014)

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice, Rural, Targeted Populations

CDE(s): Chickasaw Nation Community Development Endeavor

The Chickasaw Nation partnered with a CDE of the Cherokee Nation to use NMTC to transform a shuttered I.H.S. hospital in Ada, OK.