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WASHINGTON – U.S. Senator Kevin Cramer (R-ND) issued the following statement today on ADM announcing its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery:
“This is excellent news for North Dakota’s soybean producers. It’s a testament to the remarkable effort of our state and local leaders who have worked over the last couple of years to make this happen, especially the Bank of North Dakota, whose financial leadership made this possible. Today’s announcement is no surprise when you consider the unique ecosystem created by our state’s sophisticated and ambitious soybean producers, our knowledgeable background in oil and gas, and ADM’s other major investments. This has been a long time coming, and I am glad to see it come to fruition.”
According to ADM, the approximately $350 million crush and refining complex – based in Spiritwood – will feature state-of-the-art automation technology and have the capacity to process 150,000 bushels of soybeans per day. The facility is expected to be complete prior to the 2023 harvest.