Cargill Inc. has announced that it will implement major improvements at the Cedar Rapids, IA and Sydney, OH plants. The Ohio facility will be doubled in capacity and will have increased loading and unloading capability, requiring expenditure of $225 million. Additional automation will be installed at Cargill plants in Guntersville, AL., Gainesville, GA., Wichita, KS., Kansas City, MO. and Fayetteville, NC.
The investment is an anticipation of increased domestic demand for soybean products and for soybean meal as a feed ingredient as the economy improves following suppression of COVID-19.