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Litchfield, NE (2013)

Trotter Fertilizer

Financing for a fertilizer facility and community greenhouse.

Investment

  • NMTC Amount: $9,800,000
  • Total Project Cost: $20,100,000

IMPACT

  • 9 FTE jobs
  • 50 construction jobs
  • 72 additional jobs in the area due to resulting economic impact

Investor

Project Description

Utilizing New Market Tax Credits from Rural Development Partners, Trotter, Inc. constructed a 15,000 ton dry fertilizer terminal and a greenhouse in Litchfield, Nebraska. The fertilizer storage terminal solves a problem for the local agricultural community by reducing high transportation costs while removing fluctuating fertilizer prices during peak seasons, allowing for bulk storage of fertilizer for farmers.

Owner Terina Trotter shared, “Having the dry storage facility has helped to stabilize fertilizer input costs to our farmers. It also allowed us to stockpile the needed fertilizer so in the spring the farmer didn’t have to wait for the fertilizer to get here from over 800 miles away. So, a more timely application of the product was available.

MAP

Address: 216 Haller Street, Litchfield, NE 68852

Census Tract: 31163970100

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