U.S. Department of Agriculture (USDA) Rural Development Florida State Director Lakeisha Hood Moїse announced today that USDA is investing in a new manufacturing facility to boost domestic fertilizer production, strengthen competition and lower costs for agricultural producers in Florida.
“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,” Hood Moїse said. “The investment announced today will increase domestic fertilizer production and strengthen our supply chain, all while creating good-paying jobs that will benefit everyone.”
Cog Marketers LTD, which also does business as AgroLiquid, will use a $4 million grant to build and equip a manufacturing facility in Lake City. The facility is expected to produce 2 million gallons of fertilizer components annually, which will provide domestic fertilizer to more than 200 independent retailers in Alabama, Florida, Louisiana, Mississippi, North Carolina and South Carolina.
The funding for this project is available through the Fertilizer Production and Expansion Program (FPEP), which provides grants to independent business owners to help them modernize equipment, adopt new technologies, build production plants and more. To date, USDA has invested $251 million in 57 projects across 29 states through FPEP.
FPEP is also part of a broader effort to help producers boost production and address global food insecurity and supports long-term investments that will strengthen supply chains, create new economic opportunities for American businesses, and support climate-smart innovation.
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