White Mountain Apache Timber

Revamping the business plan of a timber mill, leveraging NMTCs to upgrade the mill with new technological equipment and generate working capital.

Investment

  • NMTC Amount: $41,600,000
  • Total Project Cost: $67,920,750

IMPACT

  • 164 FTE jobs
  • 334 construction jobs
  • Higher Productivity, Habitat Enhancement, Reduced Insect Infestation Decreased Fire Risk

Investor

Project Description

The last large sawmill in northern Arizona, one of the tribe’s largest employers, and a significant part of the wood industry shut operations down in 2010. The tribe later engaged two of the timber industry’s top consultants who revamped their business plan, leveraging NMTCs to upgrade the mill with new technological equipment, establish a working capital, and the mill reopened in 2014.

MAP

Address: 501 East Fatco Road, Whiteriver, AZ 85941

Census Tract: 4017940301

Other Arizona Projects

NMTC financing supported the construction of the Navajo Tribal Authority Administrative Building
Travois New Markets recently helped the Pascua Yaqui Tribe secure NMTC financing for its new $8.7M education center that broke ground in December 2011.
YDI is a private, not-for-profit agency incorporated in Arizona in October of 1996.
The Historic Coronado Motor hotel provides services to tourists and travelers while also providing jobs to the local community.