Columbia Grain Inc is entering the crushing and refining business of high-value organic and non-GMO oil in the USA by buying a stake in Montana Specialty Mills LLC (MSM), the company announced on 26 December.
“Over many years, MSM has been originating canola, mustard seeds and other agricultural products from farmers in Montana and producing organic edible oils and mustard products which it sells across the United States,” Columbia said.
“MSM will increase its production capacity by constructing a new state-of-the-art oilseed crushing facility in Great Falls, Montana this year to meet the rapidly expanding demand for organic and non-GMO food products in the United States.”
The facility would have a crushing capacity of 182 tonnes/day and a refining capacity of 60 tonnes/day.
Columbia said its origination and storage capabilities would allow MSM to secure a stable supply of canola and other crops. It would also be able utilise its grain elevators more efficiently, generating synergies between the two companies.
Columbia is a 100% owned subsidiary of Japanese trading company Marubeni Corporation, which has operations in food and consumer products; chemical and forest products; energy and metals; power projects; and transportation and industrial machinery.