Delta Peanut

Jonesboro,
AR
(2020)

Delta Peanut

Business Development, Food Manufacturing, Manufacturing

Construction and equipment purchases at peanut shelling plant and buying point warehouse in Jonesboro, AR.

Investment

NMTC Amount: $7,250,000
Total Project Cost: $72,762,787

IMPACT

75 FTE jobs
90 construction jobs

CDEs

Heartland Renaissance Fund, Truist

Investor

Truist

Project Description

The project will construct and equip a peanut shelling plant and buying point warehouse in Jonesboro, AR. The company is owned by a co-op of 60 local peanut growers.

MAP

Address: 9605 CW Post Road, Jonesboro, AR 72401

Census Tract: 5031000502

Other Arkansas Projects

Delta Memorial Hospital

Dumas,
AR
(2006)

Community, Healthcare, Hospitals and Emergency Services, Rural, Tornadoes

CDE(s): Hope Enterprise

NMTC financing to repair Delta Memorial Hospital, based in Dumas, AR, providing quality health care services to residents living in rural communities, throughout the Arkansas Delta.