1998Practice founded3,969Feasibility studies1,283SBA studies823USDA studies$41.2BProject value evaluatedSince 1982Institutional underwritingMAI · ASA-GC · BCA · CMEAIn-house valuation designations
Wert-Berater, Inc. — Independent Feasibility Study Consultants
Press Release · Fertilizer Manufacturing · Texas

Wert-Berater, Inc. Completes Gulf Coast Fertilizer Manufacturing Feasibility Study in Orange, Texas

An independent Gulf Coast Fertilizer Manufacturing Feasibility Study evaluating a two-site Gulf Coast fertilizer manufacturing program in Orange, Texas.

Gulf Coast industrial manufacturing plant with process piping and storage tanks
Wert-Berater, Inc. Completes Gulf Coast Fertilizer Manufacturing Feasibility Study in Orange, Texas

For Immediate Release · 2026-03-09

Asset class
Fertilizer Manufacturing · Texas
Program
USDA FIELDS Grant — FY2026 Notice of Funding Opportunity
Evaluated value
$41,395,349
Study conclusion
FEASIBLE as a grant-funded, two-site manufacturing program
Location
Orange, Texas, Orange County
Completed
2026

ORANGE, Texas — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Gulf Coast Fertilizer Manufacturing Feasibility Study in Orange, Orange County, Texas.

Wert-Berater served as independent feasibility consultant to the funding agency and any lender of record. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.

Project Summary

A $41,395,349 two-site fertilizer manufacturing program on the Texas Gulf Coast — a new-construction plant in one county paired with an expansion of an existing plant in the next — funded fifty percent by federal grant and fifty percent by applicant match. Because no project debt is proposed, the binding feasibility question is not coverage of a loan but coverage of the match: whether the applicant can actually fund its half, on the schedule the program requires.

What the Project Included

A new-construction production facility, an expansion of an existing plant in a neighboring county, and the process, utility, and logistics infrastructure connecting the two into one operating program.

Capital Structure

$41,395,349 total project cost — a 50 percent federal cost-share grant against a 50 percent applicant match of $20,697,674.50. No project debt is proposed.

Feasibility Study Challenges

Three items carried the file. First, match sufficiency: the study verified 1.85× coverage of the required match at the study date rather than accepting a certification at face value. Second, cost basis: the budget was tested against front-end engineering pricing rather than allowance figures. Third, downside recovery: the study priced a liquidation floor against total project cost so the agency could see what remains if the program stops mid-construction.

About Wert-Berater, Inc.

Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed more than 4,000 engagements across all 50 states and internationally, evaluating over $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.

Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.

About this release. This announcement summarizes a completed, independent Wert-Berater engagement. Details have been anonymized to protect client and lender confidentiality; no borrower, lender, or property is identified. Figures reflect the project as evaluated at the study date.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.
Donald Safranek, MSc

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 3,969 feasibility studies completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.

+1 310-857-2443 ext. 800  ·  email  ·  1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130

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Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.

Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.

All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.

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