Iowa co-op to build soybean plant
Mid-Iowa Cooperative is spearheading plans to build a new soybean crushing plant near Shell Rock that will create a surge in demand for Iowa soybean growers.
The Shell Rock Soy Processing (SRSP) plant will crush 38.5 million bushels of soybeans annually, or 110,000 bushels daily, and create 50 to 60 jobs. Groundbreaking for the $270 million project is slated for late this month, pending state and local approvals.
“We’re positioned to extract all the value possible from locally grown soybeans,” said Mid-Iowa Coop CEO Mike Kinley. “This plant can supply both food and fuel needs, and it will bring Butler County and surrounding areas into the center ...
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