Skip to main content.
Jamestown/Stutsman Development Corporation Logo
Contact Us Today 701-252-6861
  • Facebook
  • X-twitter
  • Linkedin
  • Instagram
    • Business
      • Business Resources
      • EDC Fund Application
      • Financial Incentives
      • Main Street North Dakota
    • Community
      • Cost of Living
      • Education
      • Healthcare
      • Jamestown Community Snapshot
      • Lifestyle
      • Why North Dakota
      • Stutsman County Community Snapshot
      • Quality of Life
      • Taxes
      • Transportation
    • Site Selectors
      • Opportunity Zone
      • Industrial Parks
      • Midwest AgEnergy's Dakota Spirit Bio-Refinery
      • Builders and Developers
        • Residential
        • Commercial
        • Industrial
      • Cost of Doing Business
      • Community Profiles
    • Work
      • Available Jobs
      • Labor Availability and Statistics
      • Major Employers
      • Workforce Development Survey
      • Workforce Training
    • Inside JSDC
      • Goals
      • Strategic Plan
      • Board of Directors
      • Board of Directors Calendar
      • Personnel
      • Minutes and Agendas
      • Spiritwood Energy Park Association
    • Reports
    • News Center
      • Newsletter Sign Up
      • Newsletter Archive
    • Resources
    • Contact Us
    ground-breaking ceremony
    1. Home
    2. News Center
    3. Farmers Union Invests Half A Million In Soybean Processing Plant
    • Facebook
    • Twitter
    • LinkedIn
    • Email
    • Print
    Farmers Union invests half a million in soybean processing plant main photo

    Farmers Union invests half a million in soybean processing plant

    August 1, 2017

    FOR IMMEDIATE RELEASE: 07-31-17

    “Anytime we add value to a commodity, we enhance farm income.”

    – Mark Watne

     

    (JAMESTOWN, N.D.) – North Dakota Farmers Union (NDFU) announced today that it has invested $500,000 in a soybean crushing facility and refinery to be located near Spiritwood, N.D. The facility, a North Dakota Soybean Processors’ (NDSP) project, will utilize 125,000 bushels of soybeans per day once completed.

    “Having a commodity processing facility like this in North Dakota is essential to helping farmers and ranchers,” said NDFU President Mark Watne. “We’ll have another avenue to market soybeans in state, and value is being added to that crop. Anytime we add value to a commodity, we enhance farm income.”

    Scott Austin, general manager of Minnesota Soybean Processors which is the majority investor and managing member of the project, said the facility will have a major impact on value-added agriculture in the state. “It is great to have an organization like NDFU, that represents producers from all over the state, be a part of this,” he said. “Throughout this process, NDFU has provided great support to NDSP. We are grateful and look forward to our partnership with them for years to come.”

    Watne said he hopes the project paves the way for more processing facilities in the state, especially those that are farmer-owned.

    For more information about the project, go to ndsoy.com.

    Founded in 1927, NDFU is the state’s largest general farm organization with more than 47,500 member families. The organization is committed to the advancement of family farm and ranch agriculture and quality of life for people everywhere through member advocacy, educational programs, cooperative initiatives and insurance services.

    NEWS CONTACT:
    Pam Musland
    pmusland@ndfu.org
    701.952.2154

    1. Get Buffaloed
    2. Don't Forget Your Camera!
    3. The Jamestown Reservoir and Pipestem Dam
    4. Frontier History is Alive and Well!
    giant buffalo statue

    logo mark

    Get Buffaloed

    Visit the world’s largest buffalo and bison herd

    Learn More

    people around a campfire

    logo mark

    Don't Forget Your Camera!

    Jamestown/Stutsman County, ND is a treasure trove of memories-in-the-making for your family.

    Learn More

    two people kayaking

    logo mark

    The Jamestown Reservoir and Pipestem Dam

    The Jamestown Reservoir and Pipestem Dam provide every opportunity for water sports.

    Learn More

    old time village businesses

    logo mark

    Frontier History is Alive and Well!

    One of the state’s most seen tourist attractions can be found at the Frontier Village.

    Learn More

    Previous Next
    Jamestown/Stutsman Development Corporation Icon
    Jamestown/Stutsman Development Corporation EMAIL: info@growingjamestown.com PHONE: 701-252-6861

    Mailing Address

    PO Box 293 
    Jamestown, ND  58402

    Street Address

    120 2nd St SE 
    Jamestown, ND 58401

    Add to Report
    View Custom Report
  • Home
  • Site Map
  • Contact
  • How to Use Our Report Maker
  • © 2025 Jamestown/Stutsman Development Corporation. All rights reserved.