MANITOWOC, Wis., Oct. 30, 2024– During a see to Dramm Corp. today, U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small revealed that the Biden-Harris Administration is making financial investments that will enhance American farms and companies by broadening ingenious domestic fertilizer production and increasing independent meat and poultry processing capability, which will in turn boost competitors and lower fertilizer expenses for farmers and food expenses for customers.
The Department is granting over $120 million today to money 6 fertilizer production jobs in Arkansas, California, Illinois, South Dakota, Washington and Wisconsin through the Fertilizer Production Expansion Program (FPEP), which is moneyed by the Commodity Credit Corporation and supplies financing to independent company owner to assist them update devices, embrace brand-new innovations, develop production plants and more.
In addition, USDA revealed today $20.2 million in awards to 26 jobs through the Local Meat Capacity (Local MCap) grant program to broaden processing capability within the meat and poultry market, which includes brand-new tasks to their regional neighborhoods and offers manufacturers more alternatives to guarantee their items get to market.
The financial investments advance President Biden’s Purchasing America program to grow the country’s economy from the middle out and bottom up and to promote reasonable and competitive markets for American farmers and ranchers.
“When we buy domestic supply chains, we drive down input expenses and increase choices for farmers,” Deputy Secretary Torres Small stated. “Through today’s financial investments to make more fertilizer and procedure meat in your area, the Biden-Harris Administration is bringing tasks back to the United States, decreasing expenses for households, and supporting farmer earnings.”
Fertilizer Production Expansion Program Grants
As part of today’s statement, Deputy Secretary Torres Small went to Dramm Corp,, a previous FPEP recipient. Dramm Corp. is utilizing a $776,000 grant to increase its production capability and broaden its network of clients and farmers while minimizing their carbon footprint and increasing staff member security. Utilizing fish offal gathered from business and sport anglers, Dramm produces a liquid fish fertilizer ideal for natural and standard farming while keeping countless pounds of waste out of garbage dumps and fresh waterways.
In overall, USDA is granting over $120 million today to money 6 fertilizer production jobs in Arkansas, California, Illinois, South Dakota, Washington and Wisconsin.
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- Betley Farms LLC in Wisconsin is getting a $3.5 million grant. The third-generation household farm will utilize the financing to set up and run a nutrition concentration system, which processes waste and produces nitrogen-phosphorus-potassium liquid and ammonium-potassium liquid fertilizers. The system is anticipated to yield 39 million gallons of liquid item annually and develop 9 brand-new tasks.
- LSB Industries LLC in Arkansas is getting a $77 million grant to broaden production capability of its urea and ammonium nitrate center to 580,000 heaps annually. The broadened capability will enable item to be offered to approximately 450,000 manufacturers within a four-state area. This task is anticipated to produce 20 full-time positions.