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Businesses share desires for Spring Lake downtown development

Businesses share desires for Spring Lake downtown development
fayobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fayobserver.com Daily Mail and Mail on Sunday newspapers.

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Cargill Building New $350M Canola Processing Site

The agribusiness said the project is in response to an uptick in global demand for canola products.
American agribusiness Cargill is preparing to launch a $350 million project to construct a new canola processing plant in Regina, SK to help meet rising demand for canola products around the world, the company announced Thursday. The firm said it also intends to update and modernize two other canola plants in the province.
“We are confident that the continued growth and competitiveness of the canola processing industry and look forward to helping farmers access increasing market demand,” Jeff Vassert, president of Cargill Canada, said in a release. “Through these projects, we’re committed to providing a better, more efficient customer experience across our network, making it easier to do business with Cargill.” ....

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Fire at Tyson Plant and Other Food Industry News

Fire at Tyson Plant and Other Food Industry News
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Cargill Plans $25M Expansion at Soybean Processing Plant

American agribusiness Cargill is preparing to start a $25 million expansion project at its soybean crush plant near Fayetteville, NC, local economic development officials announced in a release Monday.
“Our plant in Cumberland County is an important link in the supply chain for North Carolina farmers and livestock producers, and these investments will help us serve customers more efficiently,” Don Camden, who serves as vice president, Cargill Agricultural Supply Chain North America, said in a statement.
The soybean oil processing site was established in 1970. During the project, Cargill will invest $5 million in real estate improvements and $20 million in “new personal property,” according to Fayetteville Cumberland Economic Development Corporation (FCEDC). ....

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Cumberland commissioners hope to keep, attract jobs with incentives

Cumberland County could keep 70 jobs and add 75 more if economic development incentives approved by county commissioners Monday entice one company to expand and another to build a production facility here.
The commissioners unanimously approved the incentives Monday, according to a statement released by county officials. Robert Van Geons, president of the Fayetteville Cumberland Economic Development Corporation presented the two incentive proposals during two public hearings at the commissioners’ meeting.
One proposal is for Cargill, which processes soybeans at its plant on River Road. The other is for an unnamed company that is considering a building in east Fayetteville for a new production facility. ....

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