Jimbo’s Jumbos Invests $30 Million To Expand Edenton, North Carolina, Peanut Production Plant
Headquartered in Edenton, North Carolina, Jimbo’s Jumbos is a manufacturer of peanut products including roasted and salted peanuts in the shell, peanut butter, granulated peanuts, oil roasted and dry roasted peanuts. The company currently has 208 employees in Chowan County. Jimbo’s Jumbos is part of the Hampton Farms family of companies. As more people have become aware of the great nutritional value of peanuts, customer demand has been increasing steadily,” said Hal Burns, General Manager of the Jimbo’s Jumbos division. “This expansion here in Edenton is necessary for us to keep up with that demand.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $156,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
“Peanuts are one of our state’s traditional crops, with North Carolina peanuts and peanut products being shipped all over the world for people to enjoy,” said Governor Pat McCrory. “North Carolina is one of the top states in the nation in peanut production and exported more than $12 million in peanuts last year.”
“Americans consume more than 12 pounds of peanuts per person each year,” said Secretary Skvarla. “This expansion by Jimbo’s Jumbos will help make sure there are enough North Carolina peanuts available to meet the growing demand.
In addition to the N.C. Department of Commerce and the Economic Development Partnership of N.C., other partners that helped with this project include: North Carolina Community College System, College of the Albemarle, NCDOT, the Edenton Chowan Partnership, the Town of Edenton and Chowan County.
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