New Markets Tax Credit Coalition

Search
  • 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production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.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

, , ,

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production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.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

Missing information? Submit an update or correction.

Other Alabama Projects

Mar-Jac Poultry AL
  • Phil Campbell,
  • AL
  • (2016)
  • CDE(s): MuniStrategies
Mar-Jac is a fully integrated poultry production company operating in GA, AL, and MS.
Learn more..
Vulcan Aluminum Mill Vulcan, Inc.
  • Foley,
  • AL
  • (2013)
  • CDE(s): Hampton Roads Ventures, MuniStrategies
Financing for the addition of a state-of-the-art, 24,000 square foot building to the existing facility as well as installing a new Annealing Furnace, Water Cooling System and Melting Furnace, which
Learn more..
Arisa Aviation
  • Enterprise,
  • AL
  • (2014)
  • CDE(s): MuniStrategies, PNC
Alabama Aircraft Support, since renamed Arista Aviation, constructed a new 60,000 square foot hanger outfitted with the latest equipment and technology necessary to provide Maintenance Repair and Overhaul services for
Learn more..
Abbeville Fiber Sawmill
  • Abbeyville,
  • AL
  • (2018)
  • CDE(s): Truist, United Bank of Alabama, United Fund Advisors
After sitting vacant for more than a decade, the former WestPoint Stevens building in Abbeville is now buzzing with new life and 115 jobs after a $40 million transformation by
Learn more..