Norfolk Crush, LLC announced plans to invest $375 million in the construction of a new soybean crushing plant near Norfolk, Nebraska. The plant will be erected in Madison County, according to Nick Bowdish, president and CEO of N Bowdish Company LLC, assuming state and municipal permits.
According to Bowdish, construction will begin in the spring of 2022, with the project expected to be completed in 2024. Norfolk Crush has chosen Fagen, Inc. to handle the plant's engineering, procurement, and construction (EPC). The factory is expected to crush 38.5 million bushels of soybeans each year, or 110,000 bushels per day, once it is operating.
For livestock feed markets, Norfolk Crush will produce 847,000 tons of soybean meal (2,420 tons/day), 450 million pounds of crude soybean oil (1.28 million pounds/day), and 77,000 tons of pelleted soybean hulls (220 tons/day).
The highly digestible fiber in soymeal and soy hulls will be employed in cattle feed regimens, according to the business. According to Bowdish, “this will be the first modern soybean processing facility to begin operations in Nebraska.”
Bowdish says, the operation's name will be Norfolk Crush, LLC, and it will cover 480 acres. He's also working on a project called Platinum Crush in Buena Vista County, Iowa.
In addition to the Platinum Crush facility in Iowa, many new soybean crushing plant projects have been announced in the recent 12 months:
- In January, Ag Processing Inc. (AGP) announced plans to construct a new soybean processing factory near David City, Nebraska, with a capacity of more than 50 million bushels of soybeans per year.
- CGB Enterprises, Inc. and Minnesota Soybean Processors (MnSP) announced a joint venture in December 2021 to build a soybean processing plant near Casselton, ND, with a first-year crush capacity of 42.5 million bushels of soybeans.
- ADM said in August that it would develop a $350 million crush and refining plant in Spiritwood, North Dakota, with the capacity to process 150,000 bushels of soybeans per day.