Verde Resources, Inc., a commercial producer and wholesaler of regenerative compost, will establish a processing and packaging facility in La Belle, Missouri. The $5.6 million project is expected to create 32 new jobs.
The site is located at a former processing and packaging facility, and will begin operation in early 2022. Verde will establish a line using its Biofraction technology, capable of processing 100 tons of organic bio-waste per day into sources of renewable commodities. The company is committed to a cleaner environment through regenerative agriculture, an approach to farming that manages topsoil and improves water, air, and soil quality.
“We are very excited about the future of La Belle, Missouri. Verde will be the go-to green company in the Midwest for forward thinking soil and climate solutions,” Carl Craven, Director of Verde Resources, said. “We can make an immediate impact on the local farming industries, addressing several factors affecting the soil and environment. Processing biochar and regenerative compost will tackle the dairy industry’s waste issues while addressing the world's emissions problems.”
Verde Resources used the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.
“Our state is a leader in the growing agricultural technology sector, and we’re thrilled to see innovative companies like Verde Resources investing in Missouri,” said Governor Mike Parson. “This company’s expansion will enhance our critically important agriculture industry while creating quality jobs in our rural north region. Verde Resources is a welcome addition to a growing list of cutting-edge agtech companies who see Missouri as a prime location for growth.”
Verde Resources will work alongside dairy farms across the nation to produce biochar-infused, organic compost, a solution for reducing greenhouse gases produced by the dairy and livestock industries. The company’s technology converts organic waste into renewable resources in a carbon-neutral environment. Verde will also create and distribute regenerative compost , an organic blend of biochar (a charcoal made from bio-waste), wood vinegar, and bio syn-gas.
“Missouri’s vibrant agtech sector has a positive impact on countless lives nationally and internationally,” Department of Economic Development Acting Director Maggie Kost said. “We’re proud that Verde Resources chose to be a part of Missouri’s agriculture legacy, and we look forward to working together to drive innovation and growth for years to come.”