Rural Development Partners Invests $15 Million in ERMCO to Boost Infrastructure and Create Jobs

Rural Development Partners (RDP) has awarded $15 million in New Markets Tax Credit (NMTC) financing to Electric Research Manufacturing Cooperative, Inc. (ERMCO) for expanding their Dyersburg, Tennessee facilities. This investment will create an estimated 400 jobs, increase production capacity, and establish a workforce development center to support the growing demand for critical infrastructure components essential for clean energy transition and grid resilience.

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