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Agreement for Soybean Plant Near Jamestown, ND, Terminated

Effectively ends connection between North Dakota Soybean Processors and Spiritwood Energy Park Association

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The Spiritwood Energy Park Association exercised its option to terminate a Key Terms Agreement with North Dakota Soybean Processors for a planned soybean crushing plant at Spiritwood, reports AgWeek.

This effectively ends the connection between North Dakota Soybean Processors and SEPA, according to Connie Ova, manager of SEPA.

Minnesota Soybean Processors announced in 2017 plans to build a $287 million soybean processing plant at the industrial park through its subsidiary North Dakota Soybean Processors. The project has been delayed several times while organizers continued an equity drive. The current equity drive is set to expire on Aug. 31.

Read the full report at AgWeek.

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