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Prairie Sun Foods Buys Corn Oil Plant in Iowa

Wed, 04/16/2014 - 12:38pm

MERRILL, Iowa (AP) — A company has purchased a former corn oil plant in northwest Iowa with the intention of starting it up again.

The Le Mars Daily Sentinel reports Prairie Sun Foods LLC purchased the former Plymouth Oil plant Tuesday for $3 million. The sale includes all the equipment in the plant and the acreage on which it sits.

Matthew Willard, manager of Prairie Sun Foods, says the plant will produce food-grade corn oil and gluten-free corn germ flour. Up to 30 employees will be hired, including some former Plymouth Oil workers.

The plant ceased production last August. Willard says the company hopes to have the plant running later this year.

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Information from: Daily Sentinel, http://www.lemarssentinel.com

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