New Markets Tax Credit Coalition

Search

Matthews International Searcy

Investment

  • NMTC Amount: $9,920,000
  • Total Project Cost: $12,299,014

IMPACT

  • 142 FTE jobs
  • 15,000 sq. ft. of real estate

Investor

Project Description

Matthews International Corp. announced recently that it is expanding its operations in Searcy. The expansion will add approximately 15,000 sq. ft. to Matthews existing Searcy facility, while growing its manufacturing capabilities. Matthews International Corp’s consideration to invest in the community by expanding its Searcy operations is good news for Arkansas, State Secretary of Commerce Mike Preston said. Matthews International Corporation is a global provider of brand solutions, memorialization products and industrial technologies.

MAP

Address: 501 East Lincoln Avenue, Searcy, AR 72143

Other Arkansas Projects

Redeployment of a small dollar loan fund payment to construct a community facility for a nonprofit, Spring Grove Missionary Baptist Church.
A major investment project is driving industrial growth and employment in Paris, AR
NMTC financing for the construction of its new, $15M 60,000 sq. ft. headquarters.
Oasis Trading is a small lumber manufacturer. The project provided the Company with funds for inventory purchases, working capital, and debt consolidation to provide better cash flow for the company.