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Severn, NC (2013)

Severn Peanut Manufacturing

The construction of a new plant with storage space and the purchase of new roasting, drying and shelling equipment.

Investment

  • NMTC Amount: $17,264,000
  • Total Project Cost: $25,366,612

IMPACT

  • 45 FTE jobs
  • 35 construction jobs
  • 46,840 sq. ft. of real estate

Investor

Project Description

Severn Peanut Company, Inc. is a producer of peanut based consumer products. The company’s products include peanut butter and roasted in-shell peanuts, which are sold under a variety of brand names in grocery stores throughout the United States as well as in many major and minor league ballparks. The project involves the construction of a new plant with storage space and the purchase of new roasting, drying and shelling equipment. The new facility creates 46,840 sq. ft. of manufacturing space with an additional 6,500 sq. ft. of office space.

MAP

Address: 414 Main Street, Severn, NC 27877

Census Tract: 37131920100

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