New Markets Tax Credit Coalition

L & R Industries

The NMTC provided financing for L&R Industries, a major area employer and stalwart of industry in Cabool, MO and the surrounding region.

Investment

  • NMTC Amount: $995,000
  • Total Project Cost: $995,000

IMPACT

  • 5 FTE jobs

Investor

Project Description

The NMTC provided financing for L&R Industries, a major area employer and stalwart of industry in Cabool, MO and the surrounding region. L&R is a premier manufacturer of top-quality collapsible reels for storing and pulling a wide variety of flexible HDPE conduit, tubing, piping, hoses, and cords.

Today, the company continues to expand and add new positions.

MAP

Address: 1012 Shelton Drive, Cabool, MO 65689

Census Tract: 29215480400

Other Missouri Projects

The adaptive-reuse of two historical buildings that were renovated into a tech-powered business incubation center and a Marriott Courtyard hotel in Cape Girardeau, MO.
Construction of a 200,000 sq. ft. warehouse/distribution center.
A local plumbing supply company dating back to 1887 renovated the historic oh Dean building located at 3536 Main Street and converted it into office and retail space.

NMTC financing supported a Material Cutting Fabricator. The company’s waterjet will cut through virtually any material with ease. Materials as delicate as paper and as hard as steel can be