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Navy Island Inc. (2019)

West Saint Paul, MN

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NMTC Amount: $3,092,784

Est. Total Project Cost: $5,087,207

COMMUNITY IMPACT

  • 200 permanent jobs created or retained
  • As a manufacturing company, Navy Island employs lower income workers with generous wages and benefits and develops its employees with new higher value skills. This strengthens the quality of the employee and their families which in turn strengthens the local community. Navy Island also offers full health insurance for each full time employee and a 401K retirement plan with matching contributions.

Due to the growth of Navy Island, a 92,000 sq. ft manufacturing facility and several pieces of woodworking equipment were purchased in 2017.

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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225
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