Primient (a leader in plant-based food and industrial ingredient production) announced a capital investment exceeding $700 million across the company’s operational footprint. The comprehensive five-year phased investment sets a new industry standard, reflecting Primient’s commitment to its deep corn milling roots, strong position as a market leader, and visionary approach to a brighter and more sustainable future.
Primient’s investment strategy has been driving purposeful modernization in critical production assets and processes – ensuring the highest quality and most reliable production for decades.
While upgrading its Decatur site is key to unlocking potential across the business, significant planned investments extend to Primient’s wet milling operations in Lafayette, Indiana, and Loudon, Tennessee, where operational and infrastructure upgrades are already working to deliver material step changes in essential unit operations like refining and drying.
Along with the milestone investment, Primient continues setting itself apart in the corn-wet milling industry as the only corn-wet miller to completely phase out coal and transition to more sustainable energy sources across all facilities. And these strides are primary differentiators as the company builds to win across the opportunities of the bioeconomy.
As part of the expansion, the company also received an Economic Development for a Growing Economy (EDGE) tax credit, which incentivizes job creation in Decatur.
KEY QUOTES:
“The scale of investments —particularly in the Decatur operations—is unmatched in our industry and clearly signals our ambition to be the partner of choice now and for the future.”
– Jim Stutelberg, CEO, Primient
“I couldn’t be prouder to join Primient leadership as they announce a historic $400 million capital investment in their Decatur site. This doesn’t just secure Primient’s status as a market leader—it speaks to their commitment to serve as a true community partner. And on every measure, it is our shared goals—from advancing environmental sustainability to promoting economic development—that bind us together. On behalf of the State of Illinois, we couldn’t be more excited to see all that Primient achieves over the coming years.”
– Governor JB Pritzker
“Primient’s investment in its Decatur operations reinforces the company’s long-standing position as a community leader and signifies strong confidence in our shared future. We are proud to partner with them as they lay the foundation for the next generation, ensuring that Decatur is ready to step into the potential of the bioeconomy.”
– Decatur Mayor Julie Wolfe Moore
