DeBruce Grain sells soybean plant operations to CHS
DeBruce Grain, based in Creston, Iowa, has sold its soybean plant operations to CHS, a US-based energy, grains and foods company.
DeBruce Grain said it will continue to operate as the purchasing agent for area producers and supply more than 9 million bushels of soybeans to the plant. The crude soybean oil from the Creston plant will be further processed at the CHS soybean refinery in Mankato, to make it fit for human consumption.
CHS vice president of protein sales Tom Malecha said that the soybeans grown in southern Iowa provide a higher protein component, desired by many of the company's domestic and international customers.
The plant employs around 32 people. DeBruce said that no jobs will be lost during the transition process, Crestonnewsadvertiser.com reported.
CHS, a cooperative owned by farmers, ranchers and co-ops, provides energy, crop nutrients, grain, livestock feed, food and food ingredients, as well as business solutions including insurance, financial and risk management services.
Related Insight
Suppliers Directory
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Oil & Fats Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Buy online from $449
Comments may be moderated for spam, obscenities or defamation.