Solaplast

Financing for a Biomass processing and manufacturing facility.

Investment

  • NMTC Amount: $3,404,611
  • Total Project Cost: $4,005,425

IMPACT

  • 6 FTE jobs

Investor

Project Description

Biomass processing and manufacturing

MAP

Address: 5168 Water Tower Road, Meridian, MS 39301

Census Tract: 28075010201

Other Mississippi Projects

The acquisition and construction of a mixed-use facility directly across the street from a newly-built Jackson State University Student Union.
Working capital enabling Williams Medical Clinic to expand its business and continue delivering high-quality medical care in an impoverished rural county.
Rehabilitation of four historic buildings into a market-rate apartment community consisting of 55 rental apartment units, 12,906 square feet of ground floor commercial space, and 43 adjacent parking spaces.

Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw