Global Processing Acquires Speciality Soy Facility in Minnesota
Global Processing, an up-and-coming name in organic and non-GMO food ingredients, has agreed to acquire a specialty soy processing facility in Hope, Minnesota - a location that the company stated is a strategic choice that will help improve services and offerings to soy customers around the world.
With operations in Iowa, Nebraska, Illinois, and Minnesota, Global Processing’s historically core offerings have been specialty soybeans, but has recently expanded into high oleic soybean oil, organic soybean meal, organic soybean oil, and organic corn. With proximity to five operating shipping container yards, this new facility will improve Global Processing’s connection to east coast, west coast, and south coast U.S. ports.
The facility is currently 90 percent operational, and is on pace for trial operations by the 2022 harvest. Full scale operations are expected to be happening by December of this year.
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