Files
Abstract
Report Preface: This research report presents the results of a study of the economic feasibility of processing fruits and vegetables in the Albemarle Area of northeastern North Carolina. The study was conducted by the Economic Research Service, U. S. Department of Agriculture, as a result of a request for technical assistance made by the Edenton- Chowan Planning Board, Edenton, N. C., to the Economic Development Administration, U. S. Department of Commerce. The Economic Development Administration provided a substantial share of the costs of the study. Some of the important characteristics of the area and its resources are described in this report. Discussion of the product mix, procurement area for raw products, and size and location of plants--either freezing or canning--is included along with the criteria and other factors considered in making these selections. In the analysis of processing feasibility, both freezing and canning plants are evaluated. Input requirements and their costs are given for each type of plant. Annual operating costs and returns were determined for each plant based upon the processing season for products produced in the Albemarle Area. The report discusses problems associated with raw product procurement, methods of achieving market entry and its probable cost to a new firm, and other factors relevant to the success of a processing plant.