UB Community Development closes $42.5 million in tax credits for Enviva pellet plant UB Community Development LLC, a community development partner of United Bank, announced the closing of a $42.5 million New Markets Tax Credit allocation to support the building of the world’s largest wood pellet plant in Epes, Alabama. The new project for Enviva will be located…
UB Community Development closes $42.5 million in tax credits for Enviva pellet plant; Nashville incubator plans move into Alabama; More than 40 employers expected at Huntsville job fair; Black-owned businesses showcase wares at Montgomery expo; Otey’s Tavern opening Homewood location; ServisFirst expands to western North Carolina; BBB North America taking nominations
The new Enviva facility will be located at the former Mannington Mills wood flooring plant in Epes, which was shuttered, laying off 150 employees.