Peterson Farms Expands Shelby Township, Michigan, Production Operations
03/02/2025
The investment will increase the company’s juice containerization capability.
“Peterson Farms is appreciative of the State of Michigan and MEDC and thanks them for their support of our growth in the food processing arena,” said COO Richard Raffaelli and CFO Mike Agosta.?“We’re proud that our continued growth in manufacturing supports rural Michigan residents and contributes to Michigan’s agriculture industry.”
The project will be supported by a 15-year, 100% State Essential Services Assessment (SESA) Exemption with an estimated value of up to $576,970 for its $26.2 million eligible investment in Eligible Personal Property.
“Investing in our specialty crops is a priority for MDARD and supports the long-term success of Michigan's agricultural diversity and vibrancy of our rural communities,” noted Michigan Department of Agriculture & Rural Development (MDARD) Director Tim Boring. “I congratulate Peterson Farms on their continued growth and expansion, which will serve as an important example of creating economic opportunity right here in Michigan.”
Peterson Farms markets over 150 million finished pounds of frozen fruits and seven million gallons of single strength apple juice/cider and juice concentrates. The company is also a processor of fresh-cut apples.
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