Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

Photoblog

 


Home > News

Cargill to invest $225 million at facility in Sidney, Ohio

17.10.2019 11:05 "Agro Perspectiva" (Kyiv) Cargill is expanding its integrated soybean crush and refined oils facility in Sidney, Ohio, to better serve area farmers and to meet growing demand for protein and refined oils.

The company will invest approximately $225 million at the Sidney site, increasing crush capacity and modernizing operations. The investment creates greater market access for farmers crops in the area and allows those farmers to deliver their soybeans more efficiently, as the upgraded plant will unload trucks at a much faster rate.

«Farmers are at the core of our business. This investment will help us provide them a better experience when they choose to sell their crops to us,» said Don Camden, commercial leader for the eastern region of Cargills agricultural supply chain business in North America. «This also demonstrates our commitment to invest in and grow with the Sidney community.»

«The increased capacity will strengthen and expand our U.S. crush footprint, enable us to meet the growing demand for soy products from our customers and further integrate our refined oil capabilities,» said Warren Feather, Cargill managing director of global crush.

The crush facility originally opened in 1978, with the refinery added a decade later. Today, the site serves as a vital link between soybean farmers in the region and consumers both nearby and around the globe. The expansion of the crush plant will provide Cargills adjacent refined oils facility with a larger, direct supply of crude soybean oil. When the expansion is complete in 2022, Cargill expects to add approximately 12 full-time jobs to the team of 325 currently employed at Sidney. In addition to these new jobs and the benefits to farmers, the expansion will boost the local economy during construction.

«Cargills decision to choose Ohio was a collaborative effort with the company, JobsOhio, the Dayton Development Coalition and the Sidney community,» said Ohio Governor Mike DeWine. «This investment will secure full-time jobs at Cargills facility, create construction jobs for two years, and increase the demand for soybeans from local farmers.»

«Cargills continued investment in Sidney represents their commitment not only to the areas agricultural community, but to consumers around the globe. Equally important, they have provided good jobs for our residents as well as the extended community. On behalf of the entire community, we welcome the announcement that Cargill has again chosen to expand operations in Sidney,» said Sidney Mayor Mike Barhorst.

Cargill is a proud member of the agricultural industry in Ohio. The company employs more than 1,400 people at 19 facilities around the state, paying tens of millions of dollars annually in salaries, wages and taxes. Cargills total direct investment in Ohio to date prior to this project is approximately $970 million. Additionally, Cargill has contributed $1.4 million to nonprofit organizations in the state to strengthen workforce readiness, agricultural education and more.

«Since Cargill began operating their soybean crush plant in Sidney, they have been outstanding corporate citizens,» said Mayor Barhorst. «Recognized and respected for their impressive stature in the community, Cargill has contributed to numerous good causes. Those causes have ranged from feeding the hungry, education and literacy to recreation and public health.»

Cargills 160,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 154 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture.

Agro Perspectiva

< Autumn sowing campaign 2019: total winter grains sown at 5.6 million ha All news for
17.10.2019
FAO: Obesity rates soar due to dramatic global diet shift >

23.02.2020  
14:30 Hunger threatens over half of the population in South Sudan
21.02.2020  
17:23 Wheat export prices decreased again
17.02.2020  
17:02 Casein export prices remained stable during the week
16.02.2020  
18:56 Ukrainian crude sunoil quotes
16:51 Black sea wheat prices fell again
10:43 Prices for Ukrainian whey decreased
13.02.2020  
21:55 DP World entering Ukraine via buying controlling stake in TIS Container Terminal Ukraine
21:05 IMF notes active dialogue with Ukraine on new program, finds it difficult to name possible term for its approval
12.02.2020  
23:45 Taiwan: Taiwan Requires New Dairy Certificates Effective May 1, 2020
23:00 Cabinet Establishes State Debt Management Agency
22:35 Foreign Sorghum Exports Lowest Since 2005/2006
11.02.2020  
21:00 Palm Oil Exports Constrained By Lower Exportable Supplies
15:15 Rada suspends debate on land market until next week
15:10 India: 2020-21 Budget Raises Tariffs on Several Agricultural Products
15:05 American Chamber of Commerce urges president to veto bill with regulation of cigarettes trade margin
07.02.2020  
17:20 EBRD provides EUR15 million to Piraeus Bank Ukraine
03.02.2020  
12:30 FAO appeals for urgent support to fight worsening Desert Locust upsurge in the Horn of Africa
02.02.2020  
12:45 Overfishing of the worlds major tuna stocks going down, bycatch and pollution reduced and 18 new areas protecting vulnerable marine ecosystems established
29.01.2020  
17:00 Indonesias Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares
16:40 Alarm over Desert Locusts increases as new generation of the destructive pests starts breeding in Horn of Africa
27.01.2020  
11:15 Global orange production for 2019/2020 is forecast to fall to 47.5 million metric tons
23.01.2020  
16:25 MHP EU certified poultry production facilities have ceased exports to the EU countries
15:57 Over 11 percent of agricultural farmland in Denmark is used for organic production
22.01.2020  
12:20 Groundbreaking ceremony marks start of a new BASF production hub for crop protection in Singapore
11:25 Tetra Pak launches first virtual marketplace for food and beverage manufacturers
16.01.2020  
17:35 Worlds first registration for BASF insecticide Broflanilide in Australia
11:25 China Lowers Applied MFN Tariff Rates on Selected Agricultural Products
14.01.2020  
13:20 Ukrzaliznytsia pays around $24 mln on eurobonds
13.01.2020  
12:55 Chicken Meat production in China is estimated at 14,8 MMT in 2020 - report of the USDA
11.01.2020  
16:10 Pork production in China is estimated at 36 MMT in 2020 - report of the USDA
12:35 Thailand Rice Exports Plunge Amid Production Declines, Global Competition
10.01.2020  
11:15 World food prices continue rising in December
09.01.2020  
14:25 MY 2018/19 corn production in Brazil is estimated at a record 101 MMT
08.01.2020  
16:15 ChemChina and Sinochem announced that they are consolidating their agricultural assets into a new holding company Syngenta Group
13:10 Japan Prepares to Allow Preventative ASF Culls in Case of Outbreak
11:35 Cargill reports fiscal 2020 second-quarter results
03.01.2020  
11:45 Summer drought in the EU caused poor pasture conditions and led to forage shortages
26.12.2019  
11:25 The 2019 milk output forecast for Australia is revised down by 2 percent to 8.8 million tons
24.12.2019  
18:55 Rice export prices increased around 1 percent due to the strengthening of the Thai baht
11:40 Prospects for U.S. dairy exporters have improved markedly
21.12.2019  
10:30 In 2019/20, China wheat imports are forecast at 3.2 million tons
20.12.2019  
16:35 Prospects for U.S. dairy exporters have improved markedly as 2020
14:08 EBRD and EU boost export opportunities in Eastern Partnership countries
10:05 Global production of wood products posts highest growth in 70 years
09:55 Ukraine's Statistics Service revises GDP growth forecast in Q3 downwards: to 4.1% from 4.2%
09:30 World coffee production for 2019/20 is forecast 5.3 million bags
18.12.2019  
17:55 European Union provides 82 million for an FAO-led initiative targeting rural communities in Papua New Guinea
17:08 Ukrainian pet food producer Kormotech expands to Lithuania
10:05 FAO and the Chinese Academy of Fishery Sciences strengthen efforts to build sustainability in fisheries and aquaculture
09:00 Global 2019/20 oilseed production is forecast at 574.6 million tons

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
.      1991 . .      1991 .
2002 -2020 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com