AGP Constructing New Soybean Processing Plant

Ag Processing Inc. broke ground at the site of a new soybean processing plant in Aberdeen, SD on Wednesday, bringing the number of the company’s soybean processing facilities to 10, the company announced via press release.

“This is an opportunity that we have been evaluating for some time, and we appreciate the strong working relationship with state and local economic officials who have been great partners in this process,” said Keith Spackler, AGP’s chief executive officer, in a statement. “AGP’s cooperative ownership base supports this opportunity to expand and enhance our value-added platform.”

Expected to come on line in the fall of 2019, the new plant is expected to be a boon for the area, according to AGP.

“This facility will process over 45 million bushels of soybeans annually, so it will have a very positive economic impact for farmers and communities in this region. In addition, the plant will provide the Aberdeen community with nearly 50 new jobs with competitive compensation and benefits,” a statement by Brad Davis, AGP’s chairman of the board, said.

AGP is headquartered out of Omaha, NE.

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