Tate Access Floors (VA)

Saint Paul,
Virginia
(2025)

Tate Access Floors (VA)

Manufacturing and Industrial

Investment

NMTC Amount: $34,500,000
Total Project Cost: $34,300,000

IMPACT

170 FTE jobs
81 construction jobs
284,000 sq. ft. of real estate

CDEs

Rural Development Partners, Three Roots Capital

Investor

Dudley Ventures

Project Description

$34.5 million in NMTCs helped Tate purchase, renovate and equip a 284,000 SF facility in St. Paul (VA), vacant 15 years, now a state-of-the-art manufacturing hub for data center component manufacturing. This facility has become a cornerstone for future growth and prosperity in Russell County, bringing over 170 quality jobs, 81 construction jobs, and infrastructure opportunities to Southwest Virginia. Industries are digitizing information while artificial intelligence services, telecommunications, video streaming, cloud gaming, social media interfaces, and virtual reality applications evolve and grow, which require increased capabilities of data centers worldwide. Tate’s airflow management products are essential to meet the growing demands of the industry through the manufacturing of structural ceilings, structural and non-structural containment solutions, and raised access flooring.

MAP

Address: 16360 Bush Place, Saint Paul, Virginia 24283

Abraham Lincoln Tower

Reading,
PA
(2017)

Business Development, Community, FQHCs, Healthcare, Housing, Infrastructure, Mixed-use, Retail, Retail and Commercial, Transportation and Ports

CDE(s): Community First Fund

Lincoln Hotel Logs New Life, Thanks to NMTC

St. Croix Justice Center

Siren,
WI
(2017)

Community, Healthcare, Mixed-use

CDE(s): WHEDA

New Markets Tax Credits were used to expand the St. Croix Chippewa Tribe judicial building in Webster. The new judicial center will increase space for a new domestic violence office,

Climate by Design International, Inc.

Owatonna,
MN
(2022)

Manufacturing

CDE(s): Mascoma Community Development, Midwest Minnesota CDC, University Financial Corp.

The acquisition of land and new construction of a 200,000 sq. ft. manufacturing and warehouse facility

Yokohama Tire Manufacturing

West Point,
MS
(2014)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Community Impact Fund, Dudley Ventures, Midwest Renewable Capital

The acquisition of machinery and equipment to be used in the nearly 1,000,0000 square foot tire manufacturing facility, which is located in rural West Point, MS.