Phinite, Inc. announces the opening of manufacturing plant in Sampson County
By Staff Report, posted Oct 22, 2024 on BizFayetteville.com
Phinite, Inc., a leader in agricultural technology and sustainable fertilizer manufacturing, will establish its next-generation manufacturing plant in Sampson County, creating 23 new jobs. The company will invest approximately $5.5 million in Turkey, NC. The facility will enhance Phinite’s capabilities in producing its groundbreaking biofertilizer, which transforms livestock manure into a sustainable, odorless fertilizer that benefits farmers and the environment alike.
“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,” said Jordan Phasey, CEO of Phinite, in a press release. “With the support of the NC Department of Commerce and Sampson County, 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.
Supported by the North Carolina Department of Commerce and Sampson County, this new manufacturing plant represents a significant investment in the local economy and positions North Carolina as a leader in its commitment to sustainable agricultural practices.
On Oct. 17, 2024, North Carolina Governor, Roy Cooper announced that Phinite, Inc. was awarded a Building Reuse Grant in the amount of $180,000, that will support the upfit and repurpose of the 69,000 square-foot building located in Sampson County.
“The Sampson County Board of Commissioners certainly appreciate and recognize the benefits that $5.5 million in new capital investment and 23 jobs represent for Sampson County,” stated Jerol Kivett, Chair, Sampson County Board of Commissioners. “Additionally, we recognize the greater impact to Sampson, Bladen and Duplin County, and the impact that this project will help provide towards the long-term success and sustainability of the region's swine producers.”
Phinite’s innovative manufacturing process leverages advanced robotic technology and sustainable drying processes, to create a product that not only addresses the urgent issue of phosphorus depletion but also promotes environmental stewardship. This 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, the company remains dedicated to collaborating with agricultural partners and local communities to foster a more sustainable future for farming,” stated Phasey.
For more information about Phinite’s biofertilizer, visit www.phinite-us.com.
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