SDSP announces new multi-seed processing plant near Mitchell, SD; capacity 35M bushel soybeans/yr

SOUTH DAKOTA SOYBEAN PROCESSORS LLC

Plant will process 35M bushels soybeans or 1.0M tons hi-oilseed crops annually; operation expected in 2025.
Facility to create 50 full-time jobs; located on BNSF railway with access to western SD hi-oilseed production.
Ascendant Partners engaged to lead capital raising for the project; Mitchell area cited for growth in hog/dairy.
Board Chairman cites growing demand for soybean products as driving improved membership returns.

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