Performance Livestock & Feed mooving into Henry County
RICHMOND, Va. — North Carolina-based Performance Livestock & Feed Company will invest $4.2 million to establish a new feed production operation in Henry County.
The family-owned business will increase production by 50 percent over the next three years, and commits to purchasing nearly $11 million in Virginia-sourced grains and other feed ingredients.
Virginia successfully competed against North Carolina for the project, which will create 32 new jobs. Contact Performance Livestock & Feed Company for jobs here.
“The investments made by Performance Livestock and Feed will increase feed production and create jobs and help bolster Virginia’s reputation as one of the nation’s leaders in quality and innovative livestock feed,” said Governor Terry McAuliffe. “I applaud Performance Livestock and Feed’s commitment to growing its business here in Virginia, and I am pleased that the Commonwealth could support such an entrepreneurial project. Investments like this highlight the central role agriculture plays in building the new Virginia economy. ”
Based in North Carolina, Performance Livestock and Feed provides customers from Florida to Michigan with feed for cattle, horse and other livestock. Each of its more than 50 products uses a mixture of traditional and nontraditional ingredients to create scientifically tested, high performance animal feed with the right balance of protein, energy and minerals. The company’s new production operation will be served by rail, allowing the company to make bulk purchases of key feed ingredients and creating cost savings for customers.
READ MORE of this story at Augusta Free Press. Photo courtesy of Performance Livestock & Feed Company.