Good BusinessPanhandle & Plains
Dimmitt Beef Plant Gets $24.6 Million Loan, Expected to Create 220 Jobs
A USDA-backed commercial loan will help build a locally owned, USDA-inspected beef processing plant in Dimmitt.
Vice President J.D. Vance announced an investment through the U.S. Department of Agriculture's Business and Industry Guaranteed Loan Program. The money will support construction of a beef processing plant in Dimmitt, Texas. The facility is locally owned and USDA inspected.
The plant is backed by a $24.6 million commercial loan. According to the announcement, it will process about 400 head of cattle per day and is expected to create 220 new jobs.
Written by The Alamo Republican from The High Plains Brand’s reporting, using only the facts in it. The High Plains Brand’s own headline: “Dimmitt Beef Processing Plant Receives $24.6 Million Investment, Expected to Create 220 Jobs”
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