Leading US seed company Beck’s Hybrids has purchased Bayer’s soyabean seed production and processing plant in Iowa, the USA, World Grain reported on 24 August.
Atlanta-based Beck’s Hybrids said the facility in Beaman would provide it with soyabean processing capabilities and additional warehouse space, according to the report.
“This new facility will allow Beck’s to maximise efficiency, stay ahead of demand, and deliver products faster,” Beck’s CEO Sonny Beck was quoted as saying.
The facility would have the capability to process and treat 1M units/year of soyabeans, World Grain wrote.
In addition to the new facility in Beaman, Beck’s has three other permanent locations in Iowa, including a processing and distribution facility in Mount Pleasant, a research facility in Marshalltown, and a distribution and Practical Farm Research (PFR) site in Colfax, according to the report.
“Situated 15 minutes north of our Marshalltown, Iowa, facility and approximately an hour northeast of our Colfax location, the addition of this new facility will take the pressure off of our distribution channels,” Beck added.
Beck’s is the third largest corn and soyabean seed brand in the USA, according to the report.