Beck's, the largest family-owned retail seed company in the United States, has announced the groundbreaking of a new soybean processing facility in New Madrid, Missouri. This state-of-the-art plant represents a major investment in the region's agricultural infrastructure and economy.
Key highlights of the project include:
Location and Size: The facility will be situated on 105.5 acres and cover 60,000 square feet.
Capacity: It will have a processing capacity of 3 million units of soybeans per year.
Timeline: Construction will be completed in phases, with the first phase expected to finish by December 2024 and full operations beginning in fall 2026.
Economic Impact: The facility will create 17 new jobs in its first year of operation.
Investment: While the exact figure wasn't disclosed, Mayor Nick White referred to it as an "investment of millions of dollars."
Scott Beck, president of Beck's, emphasized the company's commitment to the Mid-South region, stating, "This new facility represents our ongoing commitment to serving farmers by providing them with high-quality soybean products and elite customer service."
The project has garnered strong support from state and local officials. Governor Mike Parson welcomed the investment, noting its potential to benefit local farmers and strengthen Missouri's agricultural sector. Mayor Nick White of New Madrid highlighted the project's role in fostering a vibrant business environment in the community.
This development is seen as a strategic move by Beck's to meet the growing demand for soybeans in the Mid-South region. It also aligns with Missouri's agricultural heritage, as noted by Subash Alias, CEO of Missouri Partnership, who said, "Missouri's deep-rooted history in soybean production, paired with our robust infrastructure and skilled workforce, makes it the perfect location for Beck's to grow and succeed."
The new facility is expected to not only boost the local economy but also reinforce Missouri's position as a critical hub in the national agricultural landscape. As construction begins, both Beck's and the New Madrid community look forward to the positive impact this project will have on the region's agricultural future.
