KemPosits Manufacturing Company

NMTC transaction brings the KemPosits manufacturing company to the Mississippi Choctaw on-reservation TechParc.

Investment

  • NMTC Amount: $20,147,929
  • Total Project Cost: $20,147,929

IMPACT

  • 150 FTE jobs
  • 101 construction jobs
  • 35,551 sq. ft. of real estate

Project Description

This project brought the KemPosits manufacturing company to the Mississippi Choctaw on-reservation TechParc. The transaction closed on July 3, 2012. KemPosits manufactures walk-in bathtubs ideally suited to retirement homes and communities. KemPosits uses a topline, semirobotic process and brings intellectual property and training to the Choctaw community.

This deal created 150 local jobs in the first few years of operation. Phyllis J. Anderson, Choctaw Tribal Chief, said this project is “an excellent example of how tribes can work together to further our common goal of building strong tribal economies.”

MAP

Address: 375 Industrial Road, Philadelphia, MS 39350

Other Mississippi Projects

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

High Point is a manufacturer that provides surface mount and through hole printed circuit board assembly services. The project provided funds to refinance debt and provided working capital. The project

Financing for a Biomass processing and manufacturing facility.
Through partnerships with banks from inside and outside of the region, HOPE was able to use the NMTC Program to finance the construction of a new facility in a community