AdvanSix Awarded USDA Grant to Accelerate Growth of American Fertilizer Production
AdvanSix Inc. (ASIX)
Last advansix inc. earnings: 5/1 06:31 am
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Source: Business Wire
Company to make a difference for farmers across the country by expanding granular ammonium sulfate production by approximately 200,000 tons per year PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE: ASIX), a leading diversified chemistry company, announced today that it has been awarded an approximately $12 million grant from the U.S. Department of Agriculture (USDA) through the Fertilizer Production Expansion Program (FPEP) supporting the expansion of innovative American fertilizer production strengthening domestic supply chains of fertilizers, and creating economic opportunities for American businesses.“We’re grateful to the USDA for recognizing our potential with this grant and the ability we have to make a difference for farmers across the country,” said Mike Hamilton, Vice President and Business Director of Plant Nutrients at AdvanSix. “This funding will support AdvanSix’s strategy to increase our production capacity of premium grade product and make investments that will hav
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