Soybean processor and biodiesel fuel maker Incobrasa Industries broke ground on a $250 million plant expansion at its site in Gilman, Illinois, this month, the company announced.
The facility, established in 1997, processes soybeans and produces animal feed, packaged vegetable oil and biodiesel. The company is adding a 170,000-square-foot soybean crushing facility, which will enable Incobrasa to increase its production from 43 million to 83 million bushels of soybeans annually, according to its LinkedIn.
Incobrasa is also adding a 50-acre solar array that will power the facilities, generating five megawatts of energy, according to an announcement. The investment will add 40 jobs to the Gilman site.
The expansion is part of the company’s Incobrasa 2030 expansion project to more than double its production capacity by the end of the decade.
“In addition to sustaining and creating new, permanent, good-paying careers, this new $250 million expansion will mean dozens of construction and installation jobs for workers here in Iroquois County and across the region,” Illinois Gov. JB Pritzker said in a statement.
Incobrasa plans to invest over $300 million in its expansion project, which will increase Incobrasa’s soybean supply radius from 50 miles to 80 miles.
In addition to the soybean crushing facility and solar array, the company plans to upgrade its oil facility and soybean oil refinery plant, as well as add a biodiesel plant to produce 240,000 gallons of fuel a day. Incobrasa also plans to add a new electrical substation, oil extraction plant, soybean preparation plant, grain receiving and storage, and three rail loops.
Illinois has been adding food manufacturing facilities to the state in recent weeks.
Cultivated meat company Upside Foods last week announced an investment of at least $141 million to build its first large-scale production plant in the northeastern city of Glenview.