NEW Co-Op acquires land for feed mill

10 acres requested to be added to the Co-Op Urban Renewal Area
 
     A 10-acre parcel of land was acquired by NEW Cooperative, Inc. last week, adding to the Co-Op’s 30 acre operation along West Highway 3.
     A $23.5 million feed mill operation is slated to be built on the parcel, and is expected to produce 400,000 tons of feed, annually, creating an anticipated 14 jobs.
     Following suit of their 2015 project, NEW Co-Op is requesting that the acreage be added to the 2015 Co-Op Urban Renewal Area. Currently, the 30 acre facility is part of a redevelopment zone, and is scheduled to receive tax rebates on the improvements made to the property for 5 years or $600,000, whichever comes first.
    Read the full article in the September 21 edition of the Hampton Chronicle.