Fufeng Group tax breaks sail through early Grand Forks committee review
Wednesday’s meeting was hosted at City Hall by the Local Government Advisory Committee, which includes select members from all four of Grand Forks’ property-taxing groups.
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Wednesday’s meeting was hosted at City Hall by the Local Government Advisory Committee, which includes select members from all four of Grand Forks’ property-taxing groups.
City leaders revealed the deal this week in a meeting with the Grand Forks Herald. They say the plant will be a “wet corn milling” facility, owned by China-based Fufeng Group Limited, and will consume about 25 million bushels of corn once it’s running at full capacity, sometime around 2024 or 2025. Fufeng Group has not described the facility’s product line yet, but the company reportedly produces starch sweetener, corn oil, amino acids, xanthan gum and a range of other additives.
‘Largest private capital investment in region’s history’ expected to break ground this spring.
‘Largest private capital investment in region’s history’ expected to break ground this spring.
After a 16 month long search Fufeng Group Ltd. has selected Grand Forks for its first U.S.-based manufacturing...