Fayetteville, TN – Rural Development Partners invested $15 million in New Markets Tax Credits to help Ariens Company revitalize an abandoned facility bringing 350 new quality jobs to the Fayetteville (TN) community along with catalytic economic and workforce development opportunities for the region. “We were excited from day one to be involved in this project with Ariens. The large number of …
Bongards Creameries
Humboldt, Tennessee may be best known for 80 years of hosting the annual West Tennessee Strawberry Festival. Like many towns in rural America, Humboldt’s greatest resource is its people, which is why a 13% population decline since the 2000 census hurt so much (9467 residents in 2000 to 8235 in 2016). The Great Recession saw the loss of factories and …
DOT Foods
Dyersburg, TN – Dot Foods, the nation’s largest food distributor, revitalized a rural community that lost more than 3,000 manufacturing jobs between 2010-2013. The company partnered with RDP for $11.4MM in NMTC allocation to construct a new 167,000 square foot warehouse facility and garage for their trucking fleet. The new facility serves as a logistics hub for the southern U.S. …
