Published January 13, 2011, 01:09 PM
South Dakota soybean processing plant closes
ST. LAWRENCE, S.D. — An $18 million soybean processing plant that began operating near the eastern South Dakota town of St. Lawrence a little more than a year ago has shut down.
ST. LAWRENCE, S.D. — An $18 million soybean processing plant that began operating near the eastern South Dakota town of St. Lawrence a little more than a year ago has shut down.
On-Hand Development Corp. Executive Director Joe Fiala tells the Plainsman newspaper in Huron that a sheriff’s sale was held Dec. 28 at the Hand County Courthouse. He says the lone bid came from a Brookings bank that is the primary lender on the facility.
Fiala says the plant employed about a dozen people.
Tags: south dakota, agribusiness, crops, soybean, agriculture, farm
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