New Baxley Operations LLC

Investment

  • NMTC Amount: $12,900,000
  • Total Project Cost: $18,124,609

IMPACT

  • 218 FTE jobs
  • 98 construction jobs
  • 99% of jobs will be accessible to local residents thanks to work with two local workforce agencies .

Investor

Project Description

New Baxley is using NMTC financing to equip and operate an existing manufacturing facility in Baxley, GA. The refurbished, state-of-the-art, highly-efficient, volumetric modular housing manufacturing and assembly facility manufacturers modular homes that are designed to provide durable, affordable, energy-efficient housing for individuals earning between 80-120% of area median income (AMI). The majority of the homes manufactured at the site will be sold to developers who are providing affordable housing in the Southern U.S. The project expands their manufacturing capacity from 300 homes/year in 2022 to over 1,000 homes/year at full capacity in 2023. The project will support a total of 218 direct permanent FTE jobs (78 retained, 140 to be created) in Non-Metro Appling County, paying average wages 41% above the local living wage.

MAP

Address: 137 West Park Drive, Baxley, GA 31513

Census Tract: 13001950202

Other Georgia Projects

The project will allow the region's oldest mission-driven nonprofit skilled nursing operator to provide high quality skilled nursing, memory care, and outpatient. services.

Formed in 2003, American Peanut Growers Group LLC is a farmer-owned cooperative shelling plant that returns the profit over the farmer stock price directly back to the growers through distributions,

The $21 million science complex LaGrange College comprises two buildings: the newly constructed, $17 million, 43,000-sq. ft. Ida Callaway Hudson Lab Sciences Building and, across the street, the 45-year-old, 27,000-sq.
The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China.