U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has announced that the USDA is making domestic fertilizer production investments in nine states to increase competition, lower fertilizer costs for farmers and lower food costs for consumers. It includes Georgia.
“When we invest in domestic supply chains, we drive down input costs and increase options for farmers,” Vilsack said. “Through today’s investments to make more fertilizer, USDA is bringing jobs back to the United States, lowering costs for families and supporting farmer income.”
USDA is awarding more than $116 million through the Fertilizer Production Expansion Program (FPEP) to help eight facilities expand innovative fertilizer production in Georgia, California, Colorado, Indiana, Iowa, Kansas, Michigan, Oklahoma and Wisconsin.
FPEP is funded by the Commodity Credit Corporation and provides funding to independent business owners to help them modernize equipment, adopt new technologies, build production plants and more.
Georgia Investment
In Georgia, Reve Solutions Inc. will use a $1.3 million grant to expand a biosolid fertilizer composter and will help increase capacity through additional equipment and working capital for two production locations. Through this expansion, Reve Solutions is expected to generate over 30,000 tons of fertilizer nutrient and create five new jobs.
President Biden and USDA created FPEP to combat issues facing American farmers due to rising fertilizer prices, which more than doubled between 2021 and 2022 due to a variety of factors such as war in Ukraine and a lack of competition in the fertilizer industry.