The Peterson Farms project involved equipment purchase and installation for four capacity expansions to allow the company to continue to grow in Shelby, Michigan rather than move to another state, and in so doing, increase procurement from Michigan growers. NMTC financing supported a portion of the project including the addition of a juice bottling line that will allow Peterson Farms to utilize commodities that might have been scrapped due to overproduction, addition of a second applesauce line, and a portion of capacity improvements to the blueberry processing line. The remaining capacity improvements to the blueberry line and acquisition of new apple peeling equipment were completed outside of the NMTC transaction.
LHF Lopiwa
This project involves the transformation of former sugar plantation land into a eucalyptus plantation, the construction of a new, state-of-the-art…
