New Markets Tax Credit Coalition

  • Sylacauga,
  • AL
  • (2017)

Nemak

District: Mike Rogers (R-AL03)

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.

Investment

  • NMTC Amount: $45,200,000
  • Total Project Cost: $67,814,664

IMPACT

  • 100 FTE jobs

CDEs

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Investor

Project Description

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology. Nemak USA, Inc. is an existing manufacturer of complex aluminum components primarily for the automotive industry, utilizing recycled aluminum.

External Profile

MAP

Address: 2100 Old Sylacauga Highway, Sylacauga, AL 35150

Census Tract: 21009950700

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