Westervelt Lumber

RDP contributed $9.31MM in QLICI’s to the Westervelt Company for the construction and equipping of a wood milling facility in rural Thomasville, AL. The lumber mill created 125 new jobs of which 104 are accessible to Low-Income Persons with average wages of $40,612.  Westervelt is working on curriculum with the Alabama Career Center and Coastal Alabama Community College to provide …

Nemak

RDP invested $20 million in NMTCs to help Nemak expand and preserve its manufacturing presence in Sylacauga, Alabama. It is difficult to overstate the importance of Nemak’s continued operation and success to the rural Sylacauga, AL community. Nemak is the second largest manufacturer and employer in this rural highly distressed community, which has suffered from thousands of recent job losses. …