Cargill Inc. is planning a $48 million project at its plant west of Fort Dodge, IA, as it continues to invest in the facility, reports The Messenger.
The project will expand value-added corn production for the company’s food ingredient market, according to the Iowa Economic Development Authority. It will include a new process building, tanks and transload capacity.
The project will not create any new jobs. Current employees will be getting raises, however, as they master the increased skills needed for the expanded production.
Construction is expected to begin this year and be complete by the fall of 2024.
Cargill purchased the partially completed facility in the spring of 2011, intending to transform an abandoned factory into a world-class bio-refinery campus.
With the help of more than 600 contractors, Cargill's crew adapted the ethanol plant design to meet the needs of its corn milling facility. The Fort Dodge plant began grinding corn in October of 2013, first focusing on the development of a dextrose corn syrup for Cargill’s South Korean animal feed customer, CJ Bio America.
Today, the company’s bio-refinery campus produces ethanol, dextrose and Sweet Bran® feed for cattle.
