AdvanSix Selected for $47.4 Million Grant to Expand American Manufacturing
Key Highlights
- ➤AdvanSix (ASIX) selected for $47.4 million proposed USDA FIELDS funding
- ➤Project CENTURY represents a planned $98.1 million multi-year investment
- ➤Project CENTURY expected to add approximately 84,000 tons annual ammonia capacity
- ➤USDA grant subject to successful completion of administrative and risk reviews
- ➤AdvanSix anticipates dollar-for-dollar grant-matched capital investment and attractive returns
Expert Statements
Erin Kane, President and CEO of AdvanSix
“For nearly a century, our teammates in Hopewell have proudly manufactured essential products here in America, including the nutrients farmers depend on to grow the food that feeds our families and communities.”
Erin Kane, President and CEO of AdvanSix
“We are proud to invest in American manufacturing, support American jobs and expand domestic fertilizer production for farmers across the country. We appreciate the Trump Administration and Secretary Rollins’ partnership and commitment to strengthening U.S. manufacturing and American agriculture through Project CENTURY.”
Jennifer McClellan, Congresswoman
“American agricultural infrastructure relies on a stable and secure fertilizer supply chain.”
Jennifer McClellan, Congresswoman
“This FIELDS grant award would help provide that stability by allowing AdvanSix to improve its domestic manufacturing capabilities, promote economic development and support working families. Federal investments like this serve as a common-sense way to reduce our reliance on volatile foreign markets and help provide to our farmers the essential resources they need.”
Emily M. Jordan, Senator, 17th Virginia Senate District
“Agriculture is the backbone of my district’s economy.”
Emily M. Jordan, Senator, 17th Virginia Senate District
“AdvanSix’s project will support the expansion of Made-in-America fertilizer production, giving the farmers I represent more dependable domestic supply options, reducing exposure to unstable foreign suppliers, and helping lower long-term costs for farmers and the consumers who depend on an affordable, secure food supply.”
Kyle English, Business Retention and Expansion Specialist, City of Hopewell, VA
“From an economic development perspective, this is precisely the type of reinvestment that Hopewell seeks to encourage.”
Kyle English, Business Retention and Expansion Specialist, City of Hopewell, VA
“Major capital investment in an existing industrial facility demonstrates AdvanSix’s long-term commitment to the community while strengthening the facility’s competitiveness and positioning it for continued operation and future growth.”
Scott Sink, President, Virginia Farm Bureau Federation
“Reliable and affordable access to fertilizer is essential for Virginia farmers producing food, feed, fiber and forest products.”
Scott Sink, President, Virginia Farm Bureau Federation
“Expanding Made-in-America fertilizer production will help strengthen the domestic supply chain, reduce reliance on unstable foreign suppliers and give farmers more predictable access to one of their most significant input costs.”
Rachel Gresham, Executive Director, Virginia Soybean Association
“This project will benefit soybean producers and farm families in Virginia and across the nation.”
Rachel Gresham, Executive Director, Virginia Soybean Association
“More reliable domestic fertilizer production can help reduce supply volatility, support predictable farm input costs across crop rotations and contribute to a more affordable and secure food supply for American families.”
AdvanSix Selected for $47.4 Million Grant to Expand American Manufacturing
Project CENTURY builds on nearly a century of manufacturing in Hopewell, Virginia, expanding domestic ammonia production to support American farmers and strengthen U.S. supply chains
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