Primient plans $400-million capital investment in Decatur

0
123
premient decataur

Chicago Construction News staff writer

Primient says it will spend $400 million over the next five years in infrastructure and operations to improve refining and drying practices and further ensure quality and reliability. The company is the sole corn wet miller to replace coal use at every facility with more sustainable energy sources.

The following projects are included:

  • Modernizing and upgrading feed, germ, and drying processes
  • Improving syrup refining reliability and efficiencies
  • Enhancing safety and equipment capabilities
  • Updating employee spaces such as lunch and locker rooms

“These investments set a new standard for Primient and our industry,” said Jim Stutelberg, Primient CEO. “We are excited by the potential we see in our operations and our communities as we build towards a brighter, more sustainable plant-based future together.”

As part of the expansion, the company received an Economic Development for a Growing Economy (EDGE) tax credit, which stipulates a $40 million minimum investment and creating 50 new full-time jobs and retaining nearly 540 full-time jobs.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.