Locker’s Manufacturing, LLC

A specialized equipment manufacturer grew its footprint and added jobs in Batesville, MS

Investment

  • NMTC Amount: $3,700,000
  • Total Project Cost: $4,058,000

IMPACT

  • 57 FTE jobs
  • 17 jobs created and 40 jobs retained
  • 17,000 sq. ft. of real estate

Project Description

Locker’s Manufacturing is a manufacturer, distributor, and seller of lockers and locker components.The funds from this project will support the construction costs associated with the expansion of the company’s leased facility, fund equipment purchases, and refinance existing debt.Locker’s Manufacturing’s continued expansion in Batesville, MS is helping to revitalize a community that has lost two major employers in the last ten years.

Lockers Manufacturing held a groundbreaking ceremony for its 15,000 sq. ft. expansion in Batesville.

MAP

Address: 209 Pearson Street, Batesville, MS 38606

Other Mississippi Projects

A new hotel was financed on Choctaw lands to create jobs and economic development after the devastation of Katrina.

Working capital enabling Williams Medical Clinic to expand its business and continue delivering high-quality medical care in an impoverished rural county.

PB Community Impact Fund and BXS Community Fund provided federal New Market Tax Credit allocation and to Lackey Memorial Hospital to finance the construction of a new Medical Arts Complex

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