Project Database
Facebook
Twitter
Youtube

Novus Advanced Manufacturing (2018), Saint Joseph, TN

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

COMMUNITY IMPACT

  • 100 permanent jobs created or retained
Financing for a technology manufacturer. The investment from Stonehenge will enable Novus, headquartered in Jackson, Tennessee, to expand with a new facility in St. Joseph. The company will use the capital to acquire an 18,000-square-foot manufacturing plant with an additional 40,000-square-feet planned to be added in the future. Novus and Stonehenge also partnered with BWC Consulting, a seasoned, minorityowned and minority-led economic development finance consulting firm, to secure New Markets Tax Credit funding and close on the transaction.
Novus-Advanced-Manufacturing-TN2

Project Map

External Profile

Other Manufacturing Projects

Essex Crossing

Essex Crossing includes 1,000 residential for-sale and rental units, a 15,000 sf public park, a 10,000 sf rooftop urban farm…

Chrome Works

BizCapital, the small business lending division of Advantage Capital Partners, has provided $3 million in funding to Kentucky Chrome Works,…

Envirotech

The Village of Tyonek is a Dean’ina Athabascan Indian village of 193 residents located on a bluff overlooking Cook inlet,…

Other Tennessee Projects

Faith Family Medical Center

Faith Family Medical Center
Community, Healthcare
Project City:
Nashville,
Project State:
TN
Project Year:
(2019)
FFMC, is a non-profit medical center providing health, wellness and medical services to the working uninsured and other underserved people in Middle Tennessee. They are currently operating out of an ...
Read More

Model Mill

Model Mill
Historic Rehabilitation, Manufacturing
Project City:
Johnson City,
Project State:
TN
Project Year:
(2018)
Summers-Taylor Inc. expects to make the Model MIll on West Walnut Street its new headquarters by the end of the year (2020). The highway construction company will occupy one-third of ...
Read More

Design Team Sign Company

Design Team Sign Company
Manufacturing, Rural
Project City:
Adamsville,
Project State:
TN
Project Year:
(2018)
In 2018, HRV provided $7 million of its New Markets Tax Credit (NMTC;) allocation to Design Team Sign Company, LLC (DTS;), a family-owned manufacturing facility that provides design, manufacturing, millwork ...
Read More

Novus Advanced Manufacturing

Novus Advanced Manufacturing
Manufacturing
Project City:
Saint Joseph,
Project State:
TN
Project Year:
(2018)
Financing for a technology manufacturer. The investment from Stonehenge will enable Novus, headquartered in Jackson, Tennessee, to expand with a new facility in St. Joseph. The company will use the ...
Read More

Martha O’Bryan – Explore Community School

Martha O'Bryan - Explore Community School
Community, Schools, Youth and Families
Project City:
Nashville,
Project State:
TN
Project Year:
(2018)
Martha O'Bryan Charter School will create a vibrant educational K - 8 charter school in one of Nashville's lowest income neighborhoods. The Sponsor's innovative partnership with Martha O'Bryan Charter will ...
Read More

Stony Creek Colors, Inc.

Stony Creek Colors, Inc.
Manufacturing
Project City:
Springfield,
Project State:
TN
Project Year:
(2017)
Stony Creek will expand, own and operate a manufacturing facility in Springfield, TN to produce unique plant-based natural dyes: Stony Creek Colors (SCC) is an innovative, early-stage manufacturer of plant-based ...
Read More

Williams Sausage

Williams Sausage
Food Manufacturing, Manufacturing
Project City:
Union City,
Project State:
TN
Project Year:
(2017)
Finance equipping of a manufacturing production facility, cold and dry storage, disbution center, truck maintenance hsop and new corporate offices ...
Read More

TAG Truck Center and Technical Institute

TAG Truck Center and Technical Institute
Arts, College or Vocational Training, Community
Project City:
Memphis,
Project State:
TN
Project Year:
(2017)
Development of a 188,740 SF facility for sale, service, training and parts distribution for diesel trucks. - Consolidation of Memphis-area TAG Truck Centers into one campus including a full-service 12-bay ...
Read More

Plaza Mariachi

Plaza Mariachi
Grocery and Fresh Food, Retail
Project City:
Nashville,
Project State:
TN
Project Year:
(2016)
The centerpiece of Plaza Mariachi on Nolensville Road is now open with many of the restaurants and small businesses now operating inside the main building. Housed in a former Kroger ...
Read More

Silicon Ranch, Selmer

Silicon Ranch, Selmer
Energy, Green, Infrastructure, Rural
Project City:
Selmer,
Project State:
TN
Project Year:
(2015)
On June 15, 2017, Pickwick Electric Cooperative (PEC), Tennessee Valley Authority (TVA), McNairy County Industrial Development Board, and Silicon Ranch officially commissioned and turned on a 10 MWDC solar energy ...
Read More

Magnum Manufacturing

Magnum Manufacturing
Manufacturing
Project City:
Erin,
Project State:
TN
Project Year:
(2015)
Manufacturer of low-volume stamped metal parts expanded and added 50 new jobs ...
Read More

Crosstown Concourse

Crosstown Concourse
Community, Grocery and Fresh Food, Healthcare, Historic Rehabilitation, Recreation, Retail, Schools, Youth and Families
Project City:
Memphis,
Project State:
TN
Project Year:
(2014)
Crosstown Concourse is a highly impactful vertical urban village dedicated to the cultivation of health and well-being. The mixed‐use redevelopment will preserve the one million square foot historic Sears Roebuck ...
Read More

Quimby Plaza

Quimby Plaza
Community, Community Center, Healthcare, Mixed-Use
Project City:
Memphis,
Project State:
TN
Project Year:
(2008)
Quimby Plaza is a new mixed-use building at the southeastern boundary of the Legends Park HOPE VI Revitalization Plan area in Memphis, TN. Located on Poplar Avenue just east of ...
Read More

Smart Furniture

Smart Furniture
Manufacturing
Project City:
Chattanooga,
Project State:
TN
Project Year:
(2006)
Smart Furniture, Inc. is a Chattanooga, Tennessee based furniture company that sells customizable home and office furniture through its Design on Demand platform via www.SmartFurniture.com. In addition to its patented ...
Read More

Tennessee Theater

Tennessee Theater
Arts, Community, Historic Rehabilitation, Theaters
Project City:
Knoxville,
Project State:
TN
Project Year:
(2004)
Background: When the Tennessee Theatre opened in downtown Knoxville in 1928, it was lauded as the state’s premiere “movie palace”. Its lavish Spanish-Moorish interior, earned its status as the city’s ...
Read More

Site map

Address & Social Media

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

Contact Us