TAG Truck Center and Technical Institute

Development of a 188,740 sq. ft. facility for sale, service, training and parts distribution for diesel trucks.

Investment

  • NMTC Amount: $23,000,000
  • Total Project Cost: $29,017,579

IMPACT

  • 352 FTE jobs
  • 73 construction jobs
  • 188,740 sq. ft. of real estate

Investor

Project Description

Development of a 188,740 sq. ft. facility for sale, service, training and parts distribution for diesel trucks. – Consolidation of Memphis-area TAG Truck Centers into one campus including a full-service 12-bay body shop, a 42-bay service department, a retail store, an employee center with locker rooms, break rooms, bathrooms, showers, and a distribution center, along with an expanded technician training facility that hosts the TAG Technical Institute.

MAP

Address: 4451 American Way, Memphis, TN 38118

Census Tract: 47157010610

Other Tennessee Projects

A $14,000,000 New Markets Tax Credit (“NMTC”) investment supported Memphis Union Mission’s (“MUM”) The Opportunity Center, Phase 2 on March 14, 2022. Located at 383 Poplar Avenue in Memphis, Tennessee,

A new mixed-use building at the southeastern boundary of the Legends Park HOPE VI Revitalization Plan area in Memphis, TN.
Financing to support the development of a new 19,500 sq. ft. clinic on a six acre site that was previously purchased by Lifespan.

ERMCO is headquartered in Dyersburg, TN and is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc in Little Rock, AR. ERMCO is using NMTCs to equip and expand production