Agriculture Commissioner Steve Troxler announced the second round of awards from the North Carolina Agricultural Manufacturing and Processing Initiative. These $6.6 million in awards focus on the expansion of current operations to use more North Carolina farm products and reduce costs and burdens for North Carolina farmers and growers.
“Our farmers and growers need more options close by to process and distribute their products,” Troxler said in a press release. “These NCAMPI products will increase farmer opportunities, reduce their costs, and result in more North Carolina jobs and private investment. I’m appreciative of the confidence the General Assembly placed in the department to administer this new initiative and look forward to continuing support to meet the strong demand and obvious need for the program.”
Among the six projects receiving grant funding is Phinite of Sampson County, receiving $750,000 for fertilizer manufacturing.
Phinite, Inc. is a leader in agricultural technology and sustainable fertilizer manufacturing. In October 2024, the company announced plans to establish its next-generation manufacturing plant in Sampson County. The company plans to invest approximately $5.5 million, and create 23 new jobs in Turkey, NC.
Jordan Phasey, CEO of Phinite stated in a press release, “Our new facility will not only expand our production capacity but will also allow us to implement cutting-edge technology that aligns with our mission to create sustainably produced fertilizer products from livestock waste. With the support of the NC Department of Agriculture, we are taking an important step toward ensuring that farmers have access to the cutting-edge waste management solutions they need, which in turn we’re able to manufacture into a high-quality, regenerative fertilizer.”
Phinite, Inc. will occupy approximately 69,000 square feet of the former Allen Canning Company facility located West of Turkey, NC. The company chose the site due to its proximity to Interstate 40 and its access to rail services provided by CSX.
On Oct. 17, 2024, former North Carolina Governor, Roy Cooper announced that Phinite, Inc. was awarded a Building Reuse Grant in the amount of $180,000, to support the up-fit and repurpose of the 69,000 square-foot building located in Sampson County. The new facility will play a crucial role in producing a fertilizer that helps improve soil health, enhance crop yields, and provide a reliable revenue stream for farmers.
“As Phinite continues to grow, we remain dedicated to collaborating with agricultural partners, farmers and local communities to foster a more sustainable future for farming,” stated Phasey in a press release.
For more information about Phinite click here.
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