This project was successfully funded by a loan from Steward Regenerative Capital.
Old Salt Co-op is converting an old facility into a USDA inspected facility to process grass-fed meat for their local community.
Old Salt Co-op is a regenerative meat company designed to bring Montanans together to invest in the place they call home. Founded by three Montana ranching families–Mannix, Anderson, and Hibbard–Old Salt Co-op represents the collective desire to raise grass-fed beef in a manner that does as much for the land as it does for the community.
Old Salt's first venture, a grass-fed burger joint called Old Salt Outpost, opened in 2021. Now, the team is planning to build out its meat processing capacity to pave the way for a flagship butcher shop, a modular onsite slaughter unit, and an expanded restaurant and retail space.
Old Salt has been awarded a Montana Department of Agriculture grant to help boost its meat processing efforts in the state of Montana. This loan will be used as upfront reimbursable capital to go toward the purchase of the existing custom-exempt property. The timeline for the repayment of this bridge loan is less than three months.
While they hold a legacy of sustainably-raising local beef, the ranchers that comprise Old Salt are driven by a larger vision of building a regenerative food economy that prioritizes the health of both the land and the people that reside on it. Taking the common challenges of owning a meat enterprise into account, Old Salt engages in practices that:
Join a growing community of sustainably-minded lenders reaping the rewards from responsible farming