U.S. Department of Agriculture Rural Development Kentucky State Director Dr. Tom Carew today announced the agency is investing over $161,000 to help expand a Central Kentucky beef operation.
This investment is just one of 25 recently announced aimed at helping to strengthen the nation’s meat supply chain and promote competition.
“It’s getting harder and harder to make a living as a farmer, but investments like this can help bring in additional revenue,” said Carew. “This is just the latest way we’re trying to reduce bottlenecks and increase opportunities for producers. Thanks to the leadership of President Biden, Vice President Harris, and Agriculture Secretary Vilsack, Rural Development will continue to help build a resilient food supply chain in rural Kentucky.”
Dennis Spencer Guinn will use a $161,914 Value-Added Producer Grant to expand his beef operation by processing, packaging, and marketing custom retail beef cuts. The project will serve Boyle, Fayette, Jessamine and Woodford counties and result in the creation of one job.
In fiscal year 2022, Rural Development Kentucky invested over $196 million to help businesses and cooperatives improve the economy as well as save and create jobs across the commonwealth.
Rural Development provides loans and grants to help expand economic opportunities, create jobs and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural, tribal and high-poverty areas. For more information, visit www.rd.usda.gov.