Novus Advanced Manufacturing

Saint Joseph,
TN
(2018)

Novus Advanced Manufacturing

Business Development, Manufacturing, Rural

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

Stonehenge Community Development

Investor

Unknown

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.

MAP

Address: 747 American Boulevard, Saint Joseph, TN 38481

Census Tract: 47099960600

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Novus Advanced Manufacturing Project

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