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Biden-Harris administration invests over $800,000 to help ag producers in rural KY

Name
Greg Thomas
Phone
City
LEXINGTON, Ky.
Release Date

U.S. Department of Agriculture Rural Development Kentucky State Director Dr. Tom Carew today announced the agency is investing $801,825 to help six agricultural producers in rural Kentucky.

The investments, made through the agency’s Value-Added Producer Grant Program, will help producers expand their offerings and increase income.

“Agricultural producers are a crucial part of our economy, and helping them expand strengthens not only their economic footing but that of their local community as well,” said Carew. “The Biden-Harris administration remains committed to investing in jobs, businesses, and entrepreneurial opportunities in rural Kentucky because we know that our Nation’s economic success hinges on success in rural America.”

Among the Oaks Herb Farm LLC will use a $77,734 grant to scale up the volume of herbal tea produced on their farm in Lee County.

Holbrook Wood Products Inc. will use a $49,999 grant to market beef as individual retail cuts. The project will serve Breathitt, Letcher and Perry counties and result in one job being saved.

Cherry Farms will use a $48,818 grant to expand beef and pork sales. The project will serve Warren, Barren, Allen and Monroe counties and result in creating one new job.

Lazy Eight Stock Farm LLC will use a $250,000 grant to provide locally grown organic produce. The project will serve central Kentucky as well as the Louisville and Cincinnati regions and result in seven jobs being created.

Equus Run Vineyards LLC will use a $125,274 grant to create specialty grape wines. The project will serve a 100 mile radius from the farm's location and result in three jobs being created.

Talon Inc. will use a $250,000 grant to produce and market crimson cabernet and vidal blanc wines. The project will serve primarily Kentucky and surrounding states and result in two new jobs.

Background: Value-Added Producer Grant Program
The Value-Added Producer Grant Program helps agricultural producers enter value-added activities to generate new products, create and expand marketing opportunities, and increase producer income.

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.