USA — Global Processing, a manufacturer of non-GM and organic food ingredients, has signed an agreement to purchase a soy processing facility in Hope, Minnesota.
The company said the location in Steele County was strategically chosen as part of Global Processing’s expansion plan to improve service and product offerings to soy customers around the world.
Rob Placer, Chief Ambassador of Global Processing, said, “The operation provides capacity support for existing specialty products underserved by market demand.”
The facility is currently 90% operational and on track for a trial operation by the 2022 harvest, Global Processing said. Full-scale operations will have commenced by December of this year.
Carrie Williams, CEO of Global Processing, said the acquisition would have a positive impact on local farmers who can produce high quality soybeans.
“The area around Hope has a strong foundation of experienced soybean producers who excel in growing the highest food grade soybeans,” says Williams.
“We are excited to partner with those farmers and provide them with a competitive marketing channel for their specialty soybeans.”
Global Processing supplies customers around the world with value-added, quality, farm-grown food products. It is a small but rapidly growing company with operations in Iowa, Nebraska, Illinois and now, Minnesota.
Williams said Global Processing’s new facility will allow the company to better serve its customers around the world. It is near five operating shipping container yards, providing service to US ports on the East, West and South Coasts.
“With the challenging worldwide container access issues in 2021, our company prioritized and escalated this acquisition as a direct response to the needs of our customers,” said Rob Prather, chief ambassador at Global Processing.
In addition to the current product line, Global Processing also supplies proteins, and ingredients that help buyers operate more efficiently. This reduces the company’s reliance on logistics and helps reduce its global footprint.
While its core product offerings have historically been specialty soybeans, in recent years the company has expanded into high oleic soybean oil, organic soybean meal/oil and organic corn.
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