Myriant Corp.

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Overview


 

The Myriant Corporation developed a green alternative to petroleum that it uses in the production of inks, coatings, Spandex, and plastics. This NMTC investment helped bridge the financing gap for the construction of Myriad's manufacturing plant, which helped bring a sustainable product to market while simultaneously bringing jobs to a severely economically distressed community. Urban Atlantic's $12.7 Million Allocation leveraged over $148 Million in project costs

 

 

Location

Lake Providence, LA

 

sponsor Partner

Myriant Corporation

 

Size

260,000 SF

CLOSING YEAR

2012

 

UA NMTC ALLOCATION

$5 Million

 

Project Type

Manufacturing Plant,
Business