Search
YouTube Instagram
  • Saint Joseph,
  • TN
  • (2018)
PDF Version

Novus Advanced Manufacturing

District: Scott DesJarlais (R-TN04)

Financing for a technology manufacturer.

Investment

  • NMTC Amount: $10,500,000
  • Total Project Cost: $18,500,000

IMPACT

  • 100 FTE jobs
  • 42 construction jobs
  • 47,700 sq. ft. of real estate

CDEs

Investor

Project Description

Financing for a technology manufacturer. The investment from Stonehenge enables Novus, headquartered in Jackson, Tennessee, to expand with a new facility in St. Joseph. The company uses the capital to acquire an 18,000 sq. ft. manufacturing plant with an additional 40,000-square-feet planned to be added in the future.

External Profile

MAP

Address: 747 American Boulevard, Saint Joseph, TN 38481

Census Tract: 47099960600

Missing information? Submit an update or correction.

PDF Profile

News Stories

Novus Advanced Manufacturing Project

Other Tennessee Projects

Renewal House
  • Nashville,
  • TN
  • (2020)
  • CDE(s): Primary Care Development Corporation, USBCDE
Financing for a new facility for Renewal House, a long-term comprehensive addiction treatment center for both women and children in Nashville, TN.
Learn more..
Southern Champion Tray
  • Chattanooga,
  • TN
  • (2021)
  • CDE(s): AMCREF Community Capital, MuniStrategies, National New Markets Fund, Southern Community Capital, Truist
In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable paperboard packaging converter specializing primarily in food packaging for the grocery,
Learn more..
Natureplex
  • Memphis,
  • TN
  • (2019)
  • CDE(s): River Gorge Capital
Financing to Natureplex to support the purchase and equipping of a new facility
Learn more..
PeroxyChem
  • Memphis,
  • TN
  • (2017)
  • CDE(s): AMCREF Community Capital, Bank of America
PeroxyChem Installs Largest Peracetic Acid Wastewater Disinfection System in the World
Learn more..