Bunge recently opened a new soybean concentrate facility that is making moves to increase demand for U.S. soybeans.
“Our vision for this project was to really supply plant-based proteins globally.”
Brian Douville with Bunge says the new $550 million food-grade soy protein concentrate facility in Morristown, Indiana will process 4.5 million bushels of soybeans each year.
“About half of the production here will be exported and the other half will be consumed domestically here in the U.S.,” he says.
He said the company’s soy protein concentrate, PurePro, will help meet rising consumer demand for protein. “We’re seeing that consumers want protein in all different kinds of foods, even snacks and cereals. From a nutrition standpoint, it’s a very digestible and nutritious protein.”
Indiana Farm Bureau President and Posey County farmer Randy Kron says increasing domestic demand remains critical as farmers deal with a challenging ag economy. “With what Bunge is doing here and the radius where they pull soybeans from, it will be increasing demand across the Midwest,” he says. “It’s a win win for farmers, for their community, and for employment opportunities.”
The Morristown site is the first soy protein concentrate facility built in the U.S. in more than 40 years, and now the largest in North America.
EDITOR’S TAKE:
Accolades for this new soy protein facility. The facility will not only help the local economy in Morristown but will also help to improve the quality of product available from the entire U.S. to customers at home and overseas. This is the type of advancement needed to meet the ever-increasing needs of an expanding world population. Congratulations to Bunge and the soy industry!
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