100 jobs to be lost as Bunge halts soy processing at Danville facility
Mon, 02/22/2010 - 11:29am
DANVILLE — Bunge North America announced this morning that it will discontinue soybean processing at its Danville facility effective April 23.
About 100 employees will lose their jobs by the shutdown of the soy operations. The site will continue to employ 185 workers in the other operations there.
The plant at 321 E. North St. in Danville will continue to serve local farms as a grain elevator for soybeans, and the corn mill will remain open as well, according to Bunge corporate officials.
Mark Van Emon, vice president and general manager of Bunge Oilseed Processing, said the decision was made because the soybean processing market has more capacity than required and so it could operate all of its facilities efficiently as possible.