Arkansas Data and Stories

State Fact Sheet

Map of Selected Projects in Arkansas

Community Testimonials

The NMTC is critical for Rural America in order to get critical infrastructure and economic development projects over the finish line!

-Ines Polonius, Communities Unlimited, Inc.

Selected Projects in Arkansas

LB Amfuel

Magnolia,
AR
(2020)

Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Working capital to allow a company to expand and grow.

Little Rock,
AR
(2019)

Professional Services, Retail and Commercial

CDE(s): Advantage Capital

NMTC financing for the construction of its new, $15M 60,000 sq. ft. headquarters.

Safe Foods Corporation

North Little Rock,
AR
(2019)

Brownfield Remediation, Business Development, Community, Food Manufacturing, Manufacturing, Shelters and Community Food

CDE(s): Heartland Renaissance Fund

NMTC brings first new manufacturer to industrial park in almost fifteen years.

Scenic Hill Solar

Clarksville,
AR
(2018)

Community, Energy, Rural, Solar

CDE(s): Midwest Renewable Capital

Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to 7 MW.

Caddo River Forest Products

Glenwood,
AR
(2017)

Business Development, Manufacturing, Timber and Agriculture

CDE(s): Advantage Capital

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

Husqvarna Forestry Products

Nashville,
AR
(2017)

Business Development, Manufacturing, Rural

CDE(s): Capital One, Dudley Ventures, Heartland Renaissance Fund, MuniStrategies

Construction a 350,000 square foot warehouse, as well as purchase equipment needed in connection with the expansion, creating 54 new jobs.

TMS International

Osceola,
AR
(2017)

Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

CDE(s): Chase, Heartland Renaissance Fund, MuniStrategies, River Gorge Capital

Financing working capital needs related to equipping development and operations facility for handling and processing slag and scrap metal and performing other services to suppor the operations of steel facility.

Highland Pellets

Pine Bluff,
AR
(2017)

Adult Education, College or Vocational Training, Community, Energy, Manufacturing

CDE(s): Capital One, Heartland Renaissance Fund, River Gorge Capital

Construction of a biomass pellet facility. 30% of workforce to be filled by prisoner return to work employees through second chance program.

American Tubing Arkansas

Springdale,
AR
(2016)

Business Development, Machine Shops and Metal Fabrication, Manufacturing

CDE(s): National New Markets Fund

New building/equipment for an existing manufacturer of air conditioning components.

Mid River Terminal

Osceola,
AR
(2015)

Business Development, Manufacturing, Rural, Transportation and Ports, Warehouse and Wholesale

CDE(s): Chase, Enhanced Capital, Rural Development Partners

NMTCS are helping to revive a rural community in Northeastern Arkansas, providing the necessary capital for a highly distressed river town to turn the corner.

Mountain View,
AR
(2015)

Auto Manufacturing, Business Development, Manufacturing, Rural

CDE(s): Advantage Capital

Financing for Excel Boats, one of the country's premier aluminum boat manufacturers that caters to outdoor enthusiasts.

Rogers,
AR
(2011)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Heartland Renaissance Fund

Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, used a $6.5 million New Market Tax Credit allocation to support financing of their new headquarters

Site visits and recent news related to Arkansas NMTC Projects

Rep. Westerman (R-AR) tour of Caddo River Forest Products

A sawmill in Glenwood that has been closed for nearly 10 years will be buzzing once again.

Jun-2017

Congressman Westerman Tours Highland Pellets

Congressman Bruce Westerman (R-AR) and Senator John Boozman (R-AR) toured the new Highland Pellets plant in Pine Bluff, AR.

Sep-2016

Arkansas school plans for new building

January 8, 2017

New Haas Hall Campus Rejuvenates Historic Building

July 29, 2017

Clarksville University to Dedicate New Facility

January 30, 2022