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Escambia Peanut (2020), Flomaton, AL

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COMMUNITY IMPACT

  • 100 permanent jobs created or retained
  • crane 95 construction jobs created
A Flomaton-based peanut warehousing facility has received $11.6 million in New Markets Tax Credit funds to consolidate ownership among its family farmer members. Escambia Peanut Co. LLC is a 109,000-square-foot peanut buying point that utilizes cleaners, dryers, storage sheds and handling equipment to clean and store peanuts prior to shipment to the peanut shelling plant. The Flomaton plant will now deliver their peanuts to the new Atmore shelling plant project, Coastal Growers LLC, also a farmer owned facility utilizing New Markets Tax Credits for its financing.

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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225
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