Grant & Loan Awards: Tift County
Tift County
Equity Fund: $500,000
Awarded: 01/18/2005
Applicant: Tift County Development Authority
Description:
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