Ag Processing Inc. plans to improve soybean storage and handling capacity at several of its facilities in Iowa, Minnesota and Washington.
The Omaha-based agricultural co-op's CEO Marty Reagan says the projects will help AGP become more efficient.
AGP's processing plants in Dawson, Minn., and Sergeant Bluff, Iowa, will both receive new 1.1 million bushel storage bins.
The export facility at the Port of Grays Harbor in Aberdeen, Wash., will add storage capacity for another 700,000 bushels. That is in addition to a previously announced overhaul of the port.
And AGP will upgrade the rail network at its Manning, Iowa, processing plant, so it will be able to handle trains with 100 cars.
AGP is owned by co-ops representing more than 250,000 farmers in 16 states.
Copyright 2011 The Associated Press.