Feed Mills Nourish Animals, State Economies
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image from Economic Impact of a New Poultry Feed Mill in Alabama/Getty Images
Did you know? Here in North Carolina, livestock, dairy and poultry make up 68.5% of the agricultural receipts. That’s a lot of animals and they all need to eat.
According to the U.S. Animal Feed and Pet Food Manufacturing Industry Economic Contribution Study, prepared for The Institute for Feed Education & Research (iFEEDER) in 2017, animal feed and pet food manufacturing in our state
- supports 23,685 jobs,
- contributes $541 million in taxes and
- reports $7.39 billion in sales.
Those are impressive numbers! Have you ever wondered how much one facility adds to a state’s economy?
A team of Alabama Cooperative Extension System extension specialists from Auburn University (including NC State PDPS alum Wilmer Pacheco) recently shared their analysis (Economic Impact of a New Poultry Feed Mill in Alabama) of how much one poultry feed mill will contribute to Alabama’s economy.
The analysis shows that in the first year of operation alone, the mill will
- support 499 jobs,
- contribute $5.4 million in taxes and
- report $207 million in sales.
It’s a big mill, expected to produce 10,000 tons of feed each week. And it will do a lot for its state. Download the analysis (two pages).
Back home here in North Carolina, we have a lot of feed mills. At least 130! We have all kinds of facilities and every one adds economic value.
If you’d like to know more about feed mills in North Carolina, follow our news for updates (including some exciting projects in the works), take a virtual tour of NC State’s very own feed mill and contact Marissa Herchler or Adam Fahrenholz with questions.