Park Ridge, IL-based poultry processor Koch Foods Inc. is investing in the construction of a new, $40.45 million feed mill in Roanoke, AL that will manufacture feeds and feed ingredients for the firm’s poultry plant in Pine Mountain, GA, the Alabama Department of Commerce announced Wednesday.
“Our plans to build a state-of-the-art feed mill in Roanoke will allow for a more efficient live operation that is necessary in today’s extremely competitive environment,” the firm’s chief operating officer, Mark Kaminsky, said in a statement. “With the right facilities, such as this feed mill in place, Koch Foods will not only remain competitive but look to expand in this area.”
With an expected total payroll of $2 million, the facility is projected to employ 27 full time workers and 18 truck drivers. In addition, the state’s Department of Commerce said the mill will fuel the development 190 new growing houses from contracted farmers in the area.
“Generally, farmers will develop new houses along a line running from the feed mill to the processing plant. Each facility is estimated to cost $500,000 to construct, resulting in $95 million of capital spending, along with new jobs and new property and sales takes injected into the local economy,” the department wrote in a post announcing the company’s investment.
The announcement did not contain a specific timeline for when the plant would be built or become operational.