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CITY, N.D. (NewsDakota.com) – The Minnesota Soybean Processors cooperative is raising capital for the construction of their 0 million soybean processing plant in Spiritwood, North Dakota.

NDSU Extension Educator Randy (Green-Ike) said investors who are interested in this project should attend a meeting on Thursday, July 13th at 7:30am inside the Valley City Eagles Club.

The Spiritwood plant will be an integrated soybean crush facility and refinery, crushing 125,000 bushels of soybeans per day. The plant would produce about 900,000 tons of soybean meal annually and have 55 full-time employees while supporting soybean price paid to local farmers.

The Minnesota Soybean Processors cooperative owns and operates a soybean crush facility and biodiesel operation in Brewster, Minnesota.