Epitome Energy has awarded Fagen the EPC contract to build a 42 million-bushel soybean crush facility in Minnesota.
Fagen is a major industrial contractor and green energy design-builder. Headquartered in Granite Falls, the company has built 60% of the US’s ethanol production capacity, as well as multiple biodiesel, wind and power projects.
The $300 million (€257 million) processing plant will include a 42 million bushel soybean crush facility and may include a refined, bleached, and deodorised oil refining operation as part of a phase 2.
The facility in Crookston will provide a much-needed, value-added new market for the region’s soybean farmers, as well as numerous, permanent employment opportunities once the plant becomes operational.
According to a recent study by the University of Minnesota Extension Office, the facility will generate over $300 million (€257 million) of new economic activity in the 11-county region of north-western Minnesota. In addition, it will improve the basis of every bushel of soybeans grown in the region.
“This is another significant step forward for us and Fagen was the clear choice when we looked at different contractors for the project,” said Dennis Egan, CEO and president of Epitome Energy.
“Fagen’s vast experience, quality workmanship, and commitment to safety were key factors in making this important decision. We are excited to see progress continue.”
Fagen’s CEO, Aaron Fagen, said the team is excited to break ground on the facility.
“We pride ourselves in being the leader in renewable fuels construction, and we share Epitome Energy’s goal of providing facilities that benefit our nation’s farmers and add value to the regional economy,” said Fagen.
“Fagen has over 30 years of experience in this industry and we are proud to put our expertise to work right here at home in Minnesota.”
The facility will enhance soybean grower profitability and endure market fluctuations by providing a year-round processing location for farmer’s crops. Soybeans are a predominant crop in the area, with over 1.8 million acres planted in the counties surrounding Crookston.
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