MAXTON, North Carolina, May 23, 2024– U.S. Department of Agriculture Rural Development State Director Reginald Speight announced USDA is investing with a North Carolina poultry fertilizer manufacturer located in Maxton to accelerate growth in domestic fertilizer production today.
Poulterra Inc. will use a $2.9 million Fertilizer Production and Expansion Program Grant to expand the company’s ability to produce a fertilizer product from poultry litter.
Speight is excited about the opportunities today’s announcement brings to rural North Carolina.
“The Biden-Harris administration is investing in North Carolina’s renewable energy and domestic fertilizer projects to lower costs, generate new income for U.S. farmers, ranchers and agricultural producers,” said Speight.”
This funding advances President Biden’s Investing in America agenda to grow the nation’s economy from the middle out and bottom up. It will create jobs and spur economic growth in rural communities by increasing competition in agricultural markets. Through these projects, President Biden is delivering on promises he made two years ago when he visited rural Illinois to announce the doubling of funding available through FPEP.
This program provides grants to independent business owners to help them modernize equipment, adopt new technologies, build production plants and more.
“The Biden-Harris Administration and USDA are committed to bolstering the economy and increasing competition for our nation’s farmers, ranchers and small business owners,” Speight said. “The investments announced today, made possible through the Commodity Credit Corporation, will increase domestic fertilizer production and strengthen our supply chain, all while creating good-paying jobs that will benefit everyone.”
The Department is awarding $83 million in 12 states for projects through FPEP.
These investments will boost domestic fertilizer production, strengthen competition and lower costs for U.S. farmers.
USDA is making awards to facilities in California, Florida, Hawaii, Iowa, Illinois, Kansas, Kentucky, Minnesota, North Carolina, North Dakota, Oregon and Washington.
To date, USDA has invested $251 million in 57 projects across 29 states through FPEP.
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