Photo: VAA, LLC
A recently released report from Alabama A&M and Auburn Universities looks at the economic impact of a new poultry feed mill to an economy.
The entry of a new $30.2 million feed mill, producing 10,000 tons per week of poultry feed in Alabama, causes a measurable increase in economic activity in terms of construction and ongoing annual operations.
Consider the following economic activity created during construction and a feed mill’s first year of operation to the local economy:
- Jobs: 499 jobs are supported each year from ongoing operations; 398 during the construction phase
- Value Added: $42.3 million is supported each year from ongoing operations
- Labor Income: $25.2 million is supported each year from ongoing operations
- Output (Sales) $207 million is supported each year from ongoing operations
- Taxes Paid: $5.4 million is supported each year from ongoing operations
Read the full reporthere.
