Tharaldson Ethanol General Manager Ryan Carter says the company is planning an $80 million high-protein feed producing facility next to its ethanol plant in Casselton, N.D., reports the Grand Forks Herald.
The company hopes construction will begin in the spring and be completed next fall. The new business will be called GP Turnkey Tharaldson LLC.
Carter told the Grand Forks Herald the company plans to produce two new feed products at the facility.
The operation will wash protein out of the ethanol byproduct called distillers grain to create a higher protein dry fiber animal feed and also use the protein itself to produce highly profitable aquamarine or fish feed and pet food products.
