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National & World Ag News Headlines |
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Bartlett to Build Soybean Crushing Plant in Kansas
USAgNet - 10/13/2021
Bartlett has obtained approval from the Board of County Commissioners of Montgomery County, Kansas to receive county-issued industrial revenue bonds to support Bartlett’s development of a soybean crushing facility in Montgomery County. The Bartlett
plant will be capable of handling approximately 38.5 million bushels of soybeans annually to crush into soybean meal and refined soybean oil, feedstock used in producing renewable fuels, food products and animal feeds.
“This is an important milestone for our project, enabling infrastructure investment in Kansas that accelerates the nation’s transition to a cleaner, greener and more sustainable transportation system,” said Bartlett President Bob Knief. “We appreciate the County
Commissioners’ recognition of the long-term benefits this plant will provide by expanding markets for area producers and agribusinesses and driving economic growth in Montgomery County and Southeast Kansas. With strong demand for soybean products, we
look forward to our crushing facility supporting farming families in the Midwest and playing a vital role in multiple supply chains including renewable diesel production.”
Construction is scheduled to start in early 2022, with plant operations anticipated to begin in 2024. The Bartlett facility will create about 50 permanent jobs and process about 110,000 bushels of soybeans per day. The project also will support additional jobs
and economic activity during construction.
The approved bond incentives from Montgomery County and tax credits available through the state’s High Performance Incentive Program (HPIP) make Bartlett’s estimated $325 million investment in soybean processing infrastructure possible.
Bartlett is part of the Savage family of companies, a global provider of industry infrastructure and supply chain services, based in Salt Lake City, Utah.
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