ND Gov. Doug Burgum
FARGO, N.D. (AP) - A Minnesota cooperative plans to build a $240 million soybean processing plant in North Dakota, according to company officials and the state's governor.
Officials with Minnesota Soybean Processors, or MnSP, say the co-op has selected a site on 150 acres near Spiritwood, in eastern North Dakota. The group says the facility would produce 900,000 tons of soybean meal and 490 million pounds of soybean oil a year. Half of the oil would produce biodiesel.
North Dakota Gov. Doug Burgum says the plant should add up to 60 jobs and support local service companies, vendors and suppliers. It would be the first of its kind in North Dakota.
Burgum says the plant would use over 20 percent of the state's soybean crop.
The group said in a news release that construction would begin "following further due diligence, necessary approvals and a successful engineering study." They remain optomistic it will go online in the fall of 2018
MnSP operates a soybean crush facility in Brewster, Minnesota. The Spiritwood facility would be slightly larger.
Water for the Spiritwood plant would come from Stutsman County Rural Water. A soybean plant doesn't use water for manufacturing, but would use steam generated by the Great River Energy electrical generation facility, meaning it will use about half of the water needed at Brewster.