12/13/2012 10:51:00 AM World Food to buy 45 acres; will build in industrial park
by Ken Haggerty
World Food Processing, headquartered in Oskaloosa, IA, but which has existing processing facilities in Randolph, MN and Turtle Lake, WI, has signed a purchase agreement with the Cannon Falls Economic Development Authority to buy 45 acres in the industrial park on the north side of Cannon Falls.
According to Dave Maroney, Cannon Falls Economic Development Director, the sale is expected to be finalized by the end of the year. The purchase agreement calls for the building of a new 12,000 square foot warehouse on the site to be completed in 2013.
Maroney said World Food will use part of the 45 acres to conduct field research for its line of soybean seeds.
World Food has staked out a niche in the agricultural world by developing its own line of organic, non-gentically modified seeds, lining up the growers and controlling the processing of the products. It can trace the product "from seed to plate." Identity preserved food is a growing trend in the food processing market.
World Food soybeans are processed for tofu and tampeh and shipped to Asia for consumption and processing. They also are used for soy milk, soy yogurt and other soy products.
The Randolph facility also can crack soybeans for grit or meal.
Maroney said that World Food has indicated it may eventually also like to build a research and development facility on the Cannon Falls land it is purchasing.
Some site work and grading will be needed for the site, which is roughly located on the north side of the curve in the road that heads north past Robinson Labs and Invenergy.
Other Council business
The Council approved the low bid from Pember Companies of Menominie, WI for the repair of the pedestrian bridge over the Little Cannon River just east of Hwy. 20. The bridge was damaged in mid-June flooding. FEMA funds will help with the cost. The Pember bid was $65,688.
The January 1 meeting was changed to January 8 due to the Holiday.
Sam Singh, a student at the high school, was approved to help with cable access broadcasts.
A second reading of the new zoning around the proposed new Mayo Hospital site was held. Council member Phil Hammes asked for and received clarification that determination of acceptable uses would be determined by the City not Mayo.