New Markets Tax Credit Coalition

  • 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

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PDF Profile

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