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HomeMy WebLinkAbout01-23-24 Correspondence - USDA Invests Nearly $3.2 Million to Boost Fertilizer Production and Generate Energy Efficiencies in Montana’s Rural AreasFrom:USDA Rural Development MontanaTo:AgendaSubject:[EXTERNAL]USDA Invests Nearly $3.2 Million to Boost Fertilizer Production and Generate Energy Efficiencies inMontana’s Rural AreasDate:Monday, January 22, 2024 2:14:32 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. USDA Rural Development - Together, America Prospers VIEW AS WEB PAGE News Release Contact: mark.mccann@usda.gov USDA Invests Nearly $3.2 Million to Boost Fertilizer Productionand Generate Energy Efficiencies in Montana’s Rural Areas Bozeman, Mont., Jan. 22, 2024 – U.S. Department of Agriculture (USDA) Rural Development in Montana State Director Kathleen Williams announced today investments of nearly $3.2. million in renewable energy and domestic fertilizer projects to help Montanans lower energy bills and make domestically produced fertilizer more accessible to farmers in Big Sky Country. “One way to help agricultural producers and rural small businesses retain more income for their families and communities is by helping them lower their operating costs, in these cases for fertilizer and energy,” said Williams. “Today’s investments highlight just two ways USDA is continuing its commitment to address supply chain issues, and, overall, help our rural communities and businesses grow and thrive.” Montana awards were among more than $200 million invested in projects across 42 states through two signature USDA Rural Development programs - the Rural Energy for America Program (REAP) and the Fertilizer Production Expansion Program (FPEP). REAP investments help rural small businesses and agricultural producers lower energy costs and generate new income, while FPEP boosts domestic production and strengthens supply chains, making fertilizer more accessible and affordable for small farmers. Montana’s funding recipients announced today include: Town and Country Supply Association in Billings, Montana, received a $2.9 million Fertilizer Production Expansion Program (FPEP) grant to help expand its production facility. This includes construction of a 27,000 square foot processing and storage facility and two railyard tracks for railcar storage to service the facility. The project will increase availability of domestic fertilizer and is expected to create eight new jobs. From the Ground Up, LLC, in Conrad, Montana, received a $230,961 Rural Energy for America Program (REAP) grant to replace doors and windows and make system upgrades for lighting, heating, ventilation, and air conditioning at the Conrad Mercantile Building. These energy efficiency improvements are expected to save the company more than $16,000 in annual energy costs. In total, USDA invested more than $166 million in 40 projects nationwide to boost fertilizer production through FPEP, including $6.2 million in two Montana projects, and more than $1.6 billion through REAP in 5,457 projects nationwide, including $4.5 million in 72 Montana projects over the past year. USDA Rural Development offers grants, loans, and loan guarantees to expand economic opportunities, improve infrastructure, and provide safe, affordable housing for residents in rural and Tribal communities. For more information, visit www.rd.usda.gov. To receive USDA Rural Development updates, visit the GovDelivery subscriber page and follow on Twitter @RD_Montana. -30- USDA Rural Development has six offices in Montana – Billings, Bozeman, Great Falls, Helena, Kalispell, and Missoula. To learn more about investment resources for rural and Tribal areas in Montana, call (406) 585-2587 or visit www.rd.usda.gov/mt. USDA is an equal opportunity provider, employer, and lender. Questions? Contact Us 2229 Boot Hill Court Bozeman, MT 59715 Phone: (406) 585-2580 STAY CONNECTED: SUBSCRIBER SERVICES: Manage Preferences | Help USDA is an equal opportunity provider, employer, and lender. This electronic message contains information generated by the USDA solely for the intended recipients. Any unauthorized interception of this message or the use or disclosure of the information it contains may violate the law and subject the violator to civil or criminal penalties. If you believe you have received this message in error, please notify the sender and delete the email immediately. This email was sent to agenda@bozeman.net by USDA Rural Development · 1400 Independence Ave SW ·Washington DC 20250 · 800-670-6553