FOR IMMEDIATE RELEASE: June 6, 2018
Kathy Schlieve, City of Waupun
920-324-7912 or Kathy@cityofwaupun.org
Robert Karls, WI Soybean Marketing Board
608-334-2500 or email@example.com
SITE FOR WISCONSIN’S FIRST SOYBEAN CRUSHING FACILITY IDENTIFIED
Waupun-based facility would open in 2020 and provide 39 full-time jobs
Waupun, Wis.– The City of Waupun and the Wisconsin Soybean Marketing Board today announced a joint effort to solicit development of Wisconsin’s first soybean crushing facility. The proposed $150 million facility is being developed by WSBCP, LLC, and would be located on 66.5 acres on city-owned land in the Waupun Industrial Park, a site that was selected following a thorough, site-specific feasibility study
Although Wisconsin is the nation’s 12thlargest soybean producer, it currently lacks an in-state crushing facility to process soybeans into soy oil, soy protein and soy meal used for animal feed. Soybeans grown in Wisconsin must be shipped out of state for processing and then trucked back into the state for distribution to farms. “With soybean production increasing annually in Wisconsin, an in-state crushing facility will help reduce costs for farmers, keep jobs in Wisconsin, reduce wear and tear on infrastructure and contribute positively to the City of Waupun as well as the state economy”, said Robert Karls, Executive Director of the Wisconsin Soybean Marketing Board.
“Soybeans are a very important revenue source for 18,000 farmers in Wisconsin”, Karls said. “Our state is one of the nation’s leading producers of soybeans and it makes sense to have a processing facility located within our state lines. This project will significantly benefit Wisconsin’s farmers and we are thrilled to be taking the next step forward to bring this state-of-the-art facility to Waupun.”
Once operational, the facility would employ approximately 39 full-time staff with an annual estimated payroll of $2.2 million. According to Kathy Schlieve, City Administrator and Director of Economic Development for the City of Waupun, “our goal has been to diversify our economic base with a project that can be a catalyst for future growth. We have a strong focus on expanding value-added agriculture processing and it was clear, after reviewing the analysis, that we a have a strong match for our community. We are very pleased that Waupun was selected as the site for this new project and are excited about the significant economic benefits it will bring to our city.”
WSBCP, LLC has filed an air permit with the Wisconsin Department of Natural Resources and the DNR has published a draft permit on dnr.wi.gov. Public commentary on this permit application is open until July 11, 2018 and a public hearing will take place on June 28, 2018. Following a final permit issuance from the DNR, final investment details, engineering work, plan reviews and the creation of a tax increment financing district would occur prior to construction beginning in 2019, with a projected opening in 2020.
About the City of Waupun: The City of Waupun is centrally located along the US 151 corridor within a one-hour drive of Madison, Milwaukee and the Fox Cities and is positioned to support economic growth with available industrial, residential and commercial properties for development. The community’s Downtown Business District is being revitalized with an ongoing commitment to historic preservation, programming to support business improvement and expanding resources designed to help entrepreneurs.
About the Wisconsin Soybean Association and the Wisconsin Soybean Marketing Board: The Wisconsin Soybean Association and the Wisconsin Soybean Marketing Board complement each other in supporting Wisconsin soybean growers, helping to find and grow markets and identify new uses for soy.
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FACT SHEET: PROPOSED WAUPUN SOYBEAN PROCESSING FACILITY WOULD BE WISCONSIN’S FIRST
WSBCP, LLC, in collaboration with The City of Waupun and the Wisconsin Soybean Marketing Board, has proposed the development of a $150 million soybean crushing facility located in the Waupun Industrial Park in Waupun, Wis. The facility would be Wisconsin’s first soybean processing facility.
WISCONSIN SOYBEAN INDUSTRY (Source: Wisconsin Soybean Marketing Board and UW Madison Department of Agronomy)
- Wisconsin is the nation’s 12thlargest soybean producer, with more than 18,000 soybean farmers who annually produce more than 100.6 million bushels (2017) of soybeans, a number that has been on the rise in recent years. It is expected that farmers will plant 2.2 million acres of soybeans in Wisconsin in 2018.
- Waupun is located in Dodge and Fond du Lac Counties and collectively farmers in these counties produced 6.8 million bushels on 133,300 acres of land in 2017.
- There were 1.33 million acres of soybeans planted within a 100 mile radius of Waupun in 2017 with an estimated production of 62.5 million bushels.
- Despite it significant soybean production, Wisconsin does not currently has an in-state crushing facility to process soybeans into soy oil, soy protein or soy meal used for animal feed.
- At this time, soybeans grown in Wisconsin must be shipped out of state for processing and then trucked back into the state for distribution to farms.
- The proposed in-state crushing facility aims to reduce costs for the farmers, keep jobs in Wisconsin, reduce wear and tear on infrastructure and contribute positively to the Waupun and state economy.
- Once operational, the facility would employ approximately 39 full-time staff with an annual estimated payroll of $2.2 million.
- The proposed project is projected to have a significant economic impact as it relies heavily on a network of producers and has the potential to develop ancillary business opportunities through the supply chain.Beneficiaries include local producers, equipment and machinery manufacturers, other value-added agriculture processors and businesses in the construction and logistics service sectors to name a few.
- The facility would be located on 66.5 acres in the Waupun Industrial Park. This site was selected after a thorough, site-specific feasibility study conducted by Frazier, Barnes & Associates, LLC, a national engineering and consulting firm.
- Following final approval, construction would begin in 2019 with completion slated for 2020.
- Once fully operational, the facility will be able to process up to 100,000 bushels of soybeans daily. Annual soybean purchases are estimated at 33 million bushels.
- The facility will produce approximately 3,000 tons of soy meal, soy protein and soy oil each day and roughly 800,000 tons of meal and hulls annually.
- WSBCP, LLC is the developer for the project.The principal owner and advisors of this company have extensive experience in the grain processing industry.
- This project is supported by the City of Waupun, which currently owns the land on which the facility would be built.
- Additionally, the project is supported by both the Wisconsin Soybean Association and the Wisconsin Soybean Marketing Board, which support Wisconsin soybean growers, help find and grow markets for soybeans and identify new uses for soy.
- Rail service via Wisconsin and Southern Railroad; estimated traffic: / 3 unit train per week; an estimated average of 100 semi-trucks per day with a peak of 250 during harvest.
- Trucks predominately routed via US 151 North and South bound with exits at State Highway 26 which will minimize the amount of truck traffic and wear and tear on city roads/infrastructure.