American retail seed company Beck’s Hybrids announced Monday that it has acquired a processing plant from German firm Bayer in Beaman, IA that will expand its soybean production and processing capabilities.

“Situated fifteen minutes north of our Marshalltown, IA facility and approximately an hour northeast of our Colfax location, the addition of this new facility will take the pressure off of our distribution channels,” Sonny Beck, the firm’s CEO, said in a release. “More importantly, it will help us ensure we are fulfilling our customer’s soybean needs quickly and efficiently. We are excited to put down roots in Beaman and for the opportunity to provide our growing family of customers with more regionally selected, grown, and processed soybeans.”

The Beaman site includes 30,000 sq ft of warehousing space and includes a variety of processing equipment that can treat and process about 1 million units of soybeans annually.

“This new facility will allow Beck’s to maximize efficiency, stay ahead of demand, and deliver products faster,” said Beck.

After the transition of ownership, Beck’s will work to ensure the site is ready ahead of the 2022 spring planting.

In addition to the Beaman plant, the company also operates a processing and distribution site, a research facility, and a distribution and research location in Iowa.