Co-owner Ronny Drennan of B&R Drennan Enterprises said that the funds were “not really a grant,” explaining that it was a loan to be “paid back in other ways.”
Drennan said that the money would be used to build a new building to process the ham and pork products Broadbent has been producing at least since 1966, when USDA inspections began. Drennan has operated Broadbent with his wife Beth since purchasing the business in 1999.
A timetable for the new building’s construction has not been selected, nor has the location. Though a longtime member of the Trigg County business community, Drennan said that Lyon County was also a possible location to relocate. “If we move to Lyon County, we will move the whole business,” he said.
A Governor’s Office of Agricultural Policy press release said that the Agricultural Development Fund distributed money to projects lessening state dependency on tobacco.
For the rest of this story, read this week's Cadiz Record.