Gulf Coast Seafood and Co-op

New Markets Tax Credit Coalition

Bayou Labatre,
AL
(2011)

Gulf Coast Seafood and Co-op

Disaster Recovery, Energy, Food Manufacturing, Katrina, Manufacturing, Solar

Gulf Coast Agricultural and Seafood Co-Op, is a non-profit first-of-its-kind facility turning seafood processing waste into fertilizer.

Investment

NMTC Amount: $8,407,709
Total Project Cost: $8,407,709

IMPACT

446 FTE jobs
119 construction jobs

CDEs

AMCREF Community Capital

Investor

US Bank

Project Description

Gulf Coast Agricultural and Seafood Co-Op (GCASC), is a nonprofit first-of-its-kind facility turning seafood processing waste into fertilizer. The innovative LEED Gold plant is powered by self-generated methane biogas and solar energy. The Co-Op was formed by 23 local shrimp and crab companies having difficulty disposing of their seafood processing waste after their previous facility was destroyed by Hurricane Katrina. As a result, Co-Op members were forced to pay high fees to haul waste 50 miles, burdening the Co-Op members, many of whom were also struggling due to the 2010 Gulf Oil Spill. The new facility provided Co-Op members with a cost effective and eco-friendly solution.

MAP

Address: 9450 Little River Road, Bayou Labatre, AL 36509

Census Tract: 1097007300

PDF Profile

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