Our Story
Premium Peanut owns and operates the newest and largest peanut shelling facility in the world. The shelling plant is located in Douglas, Georgia and was founded in the Fall of 2014 when seven buying points in South Georgia came together to form Premium Peanut. The shelling facility is grower-owned and was designed to integrate the peanut production process, stabilize the market for growers in the region, and ensure a stable supply of peanuts at a competitive cost.
In March of 2015, ground was broken at the plant site and LMC began construction of the shelling facility. The facility was designed with the best and newest equipment in the industry, possessing a shelling capacity of over 300,000 tons of peanuts per year. In January of 2016, one month ahead of schedule, shelling operations began on the 2015 harvested crop.
In early 2017, Premium Peanut announced its plans for expansion. With an investment of approximately $14 million, Premium is constructing a filtered crude peanut oil facility located adjacent to the shelling plant. The new operation will have the capacity to produce over 3 million gallons of peanut oil per year and is planned to commence operations in early 2018.
Premium’s innovative approach to the peanut shelling process and the commitment from our shareholders and buying points has led to a successful first year. We hope to continue to grow as a company and look forward to more harvest seasons!
In March of 2015, ground was broken at the plant site and LMC began construction of the shelling facility. The facility was designed with the best and newest equipment in the industry, possessing a shelling capacity of over 300,000 tons of peanuts per year. In January of 2016, one month ahead of schedule, shelling operations began on the 2015 harvested crop.
In early 2017, Premium Peanut announced its plans for expansion. With an investment of approximately $14 million, Premium is constructing a filtered crude peanut oil facility located adjacent to the shelling plant. The new operation will have the capacity to produce over 3 million gallons of peanut oil per year and is planned to commence operations in early 2018.
Premium’s innovative approach to the peanut shelling process and the commitment from our shareholders and buying points has led to a successful first year. We hope to continue to grow as a company and look forward to more harvest seasons!
