New Markets Tax Credit Coalition

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

Renovation and construction of a new facility establishes community resource hub and increases service capacity to Whitehaven residents
NMTC financing supported the Ampro project.
Financing for a new facility for Renewal House, a long-term comprehensive addiction treatment center for both women and children in Nashville, TN.

Project acquired and installed certain equipment and enhancements at the 3rd Street Foundry (collectively, the “New 3rd Street Equipment”) necessary to run a third production line. “Operations in our second