secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH DAKOTA SOYBEAN PROCESSORS LLC (SDSYA)
CIK:        0001163609
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001163609-22-000004
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000004/0001163609-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000004/a8-kxpressrelease2022x02x09.htm
  HTML page:      https://secwatch.observer/filing/0001163609-22-000004

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