T.I. Contracting

New Markets Tax Credit Coalition

Chalmette,
LA
(2021)

T.I. Contracting

Business Development, Infrastructure, Manufacturing, Transportation and Ports

T.I. Contracting is a trucking, hauling, logistics, and government contracting firm. T.I. Contracting has recently received contracts to work on pump stations in various municipalities. The project provided funds for equipment purchase, debt refinance, and working capital. They are a supplier and hauler of all types of aggregates and provider of logistic services for the greater New Orleans area and surrounding areas. As part of the Community Benefit Agreement, the average wage of jobs retained and projected at the company must exceed 1.2X the living wage in the region and must offer quality benefits, which include, but not limited to […]

Investment

NMTC Amount: $1,382,000
Total Project Cost: $1,382,000

IMPACT

17 FTE jobs

CDEs

Advantage Capital

Project Description

T.I. Contracting is a trucking, hauling, logistics, and government contracting firm. T.I. Contracting has recently received contracts to work on pump stations in various municipalities. The project provided funds for equipment purchase, debt refinance, and working capital. They are a supplier and hauler of all types of aggregates and provider of logistic services for the greater New Orleans area and surrounding areas.

As part of the Community Benefit Agreement, the average wage of jobs retained and projected at the company must exceed 1.2X the living wage in the region and must offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options. T.I. Contracting LLC dba Trucking Innovation, LLC is a 100% business.