Sovereign Pipe

New Markets Tax Credit Coalition

Shawnee,
OK
(2022)

Sovereign Pipe

Manufacturing

The NMTC investment will be used by Sovereign Pipe to purchase a portion of the new equipment that will be used in the manufacturing of HDPE pipe

Investment

NMTC Amount: $7,000,000
Total Project Cost: $10,000,000

IMPACT

53 FTE jobs
45,000 sq. ft. of real estate

CDEs

Heartland Renaissance Fund, Wells Fargo

Investor

Wells Fargo

Project Description

The purchase of new equipment for a a company that is owned and opearted by the Citizen Potawatomi Nation, a federally-recognized tribe. The startup business will manufacture pipe products for the oil and gas industry. The project will be the first tenant in the Iron Horse Industrial Park which is also owned by the CPN. The facility will produce 80-90 million pounds at full production and will create 40 new jobs.

MAP

Address: 43550 Hardesty Road, Shawnee, OK 74801

Census Tract: 40125500200

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