New Markets Tax Credit Coalition

  • Erin,
  • TN
  • (2015)

Magnum Manufacturing

District: Matt Van Epps (R-TN07)

Manufacturer of low-volume stamped metal parts expanded and added 50 new jobs

Investment

  • NMTC Amount: $7,400,000
  • Total Project Cost: $7,400,000

IMPACT

  • 15 FTE jobs

CDEs

Investor

Project Description

Manufacturer of low-volume stamped metal parts expanded and added 50 new jobs

MAP

Address: 251 Mobley Lane, Erin, TN 37061

Census Tract: 47083120300

Missing information? Submit an update or correction.

Other Tennessee Projects

Nashville Rescue Mission
  • Nashville,
  • TN
  • (2023)
  • CDE(s): Pathway Lending, PNC

For over 68 years, Nashville Rescue Mission has provided thousands of women, men, and children with meals, a safe place to stay, and life-changing programs that help with various issues

Learn more..
Quimby Plaza
  • Memphis,
  • TN
  • (2008)
  • CDE(s): MBS Urban Initiatives
A new mixed-use building at the southeastern boundary of the Legends Park HOPE VI Revitalization Plan area in Memphis, TN.
Learn more..
McMinnville Hampton Inn
  • McMinnville,
  • TN
  • (2020)
  • CDE(s): Enhanced Capital, River Gorge Capital
Development of a 74-room Hampton Inn hotel and a 20,000 sq. ft. retail center in the town of McMinnville, TN.
Learn more..
ERMCO
  • Dyersburg,
  • TN
  • (2021)
  • CDE(s): Midwest Renewable Capital, National New Markets Fund, Waveland Community Development

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little Rock, AR. ERMCO is using NMTCs to equip and expand production

Learn more..