Plans for Wisconsin’s First Soybean-Crushing Plant Picking Up Steam

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Researched by Industrial Info (Sugar Land, Texas)—Landmark Services Cooperative’s (Cottage Grove, Wisconsin) plans to build the first soybean crushing plant in Wisconsin recently gained momentum when the firm received financial commitments to match funds from a state grant. Approval of the state grant hinges on a legislative vote. Both private and state funds would be combined to complete engineering studies and final estimates.

Landmark’s proposal calls for building a facility that would crush about 80,000 bushels of soybean per day to produce oil, cake and meal. The facility is projected to cost about $80 million to $85 million. Landmark has its sights set on a location in Evansville, which is adjacent to a bio-diesel plant that is under construction in Rock County. Obtaining permits and completing the engineering and construction phase of the project would place the plant’s start-up in 2009.

Among the top 13 soybean-producing states in the country, Wisconsin is the only state that does not having a crushing facility to extract its own soybean oil. Presently, soybeans are exported to crushing facilities and imported back to Wisconsin in the form of oil for bio-diesel production.

Industrial Info is tracking more than $900 million in capital expenditures related to soybean-crushing plants that are in the planning, engineering and construction phase throughout the U.S. and Canada. Plants are being developed to serve both the Alternative Fuels Industry and the Food & Beverage Industry.

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