Princeton Junction-based IPP acquires fermentation plant in Minnesota

International Process Plants, a global leader in process plants and equipment based in Princeton Junction, has acquired a fermentation plant in Little Falls, Minnesota, from Superbrewed Food.

The plant can be used to produce biofuels, biochemicals and alternative proteins.

IPP officials said the deal, which closed this week, positions it well in the growing bioeconomy. Terms were not disclosed.

“With this acquisition, IPP is strategically positioning itself in the rapidly growing high-value biochemical, biofuel and alternative proteins industries,” IPP Vice President Ross Gale said. “With the installed storage capacity, feedstock preparation, fermentation, downstream processing and robust utility infrastructure, this facility represents a unique opportunity for a manufacturer to enter into operation quickly — and with significantly reduced CapEx.”

The Little Falls facility, according to the company’s news release, boasts capacity of 40 million gallons per year and sits strategically in the heart of Minnesota, the third-largest corn-producing state in the U.S.

Gale said companies can leverage the plant for various applications, including alternative proteins, biochemicals, biofuels and high-grade ethanol. Currently configured for bio butanol and bio acetone production, the plant offers manufacturers a unique opportunity to enter operations swiftly.

“For companies looking to acquire commercial-scale fermentation capacity in a great community with exceptional supply-chain advantages, we look forward to connecting with you to discuss how this asset can meet your needs,” Gale said.

IPP has offices in 14 countries. The company boasts that it helps manufacturers save time and money with immediately available assets to grow their manufacturing capabilities.

Now in its 46th year, IPP buys plants and idled process lines and secondhand process equipment. Earlier this year, it announced a new affiliate, Gale Process Solutions, would be selling new process equipment that is hard to find on the secondary market.

IPP’s holdings include 17 complete plant sites, 110 plants for relocation and 15,000 process systems and major pieces of equipment.