News

MNC raising equity for Moberly ‘crush’ facility

Published May 12, 2017 3:38 PM

MoberlyNaturalCrush ( MNC ) has confirmed that they have started the process of raising equity to re-tool an existing “crush” facility in Moberly .

The infra-structure of a soybean processing plant, set up in 2010 to feed oil to an adjacent biodiesel facility, will be the structure being re-tooled.

MNC has received a $1.5 million tax credit for farmer-producer-investors from the Missouri Agricultural and Small Business Development Authority, and their goal is to get to $4 million.

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