The Casselton, ND, area could soon see a $400 million soy crushing plant that would create 60 new jobs and purchase an estimated 45 million bushels of soybeans annually.
The plan is not finalized, but Josh Teigen, director of the North Dakota Department of Commerce Economic Development & Finance Division, told KFGO that the site is a mile west of Casselton, just east of the Tharaldson Ethanol Plant and a purchase agreement is in place.
Teigen and others won’t yet name the company involved other than to say it is a large, multi-national corporation that is a joint venture between two agricultural-related groups.
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