Summit Agricultural Group to invest US$200m in setting up North America’s largest wheat protein facility

US — Summit Agricultural Group is acquiring Prairie Horizon Agri-Energy, a US-based biorefinery, in an effort to expand its presence in North America’s wheat protein processing sector.  Prairie Horizon is a renewable fuel corn ethanol producer with a production capacity of 40 million gallons per year.  Summit Agriculture, however, plans to convert the facility into one of the largest wheat protein processing facilities in North America.  To achieve this goal, the company plans to invest US$200 million in the development of the ingredients plant and is expected to be operational within two years.  The wheat protein produced at…

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