By Staff Report, posted May 23, 2024 on BizFayetteville.com
U.S. Department of Agriculture Rural Development State Director Reginald Speight recently 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 the 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 in a press release.
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.
“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 added in a press release. “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.”
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