Grant & Loan Awards: Tift County


Tift County

Equity Fund: $500,000

Awarded: 01/18/2005

Applicant: Tift County Development Authority

Equity funds to assist with acquisition of machinery and equipment to support a regional peanut shelling facility operating as Tifton Quality Peanuts, LLC that is owned by 106 peanut growers from 11-south-central Georgia counties. The facility, with a 60,000 ton capacity, projects the creation of 55 new jobs, providing an opportunity to expand and diversify the regional agricultural economy.

Total Budgeted Project Cost: $21,487,000

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