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Kemin’s Worldwide Expansion to Start in Des Moines - Nearly $30 million to be invested locally in new manufacturing and research facilities
Kemin’s Worldwide Expansion to Start in Des Moines

 

PRZOOM - /newswire/ - Des Moines, IA, United States, 2010/10/19 - Nearly $30 million to be invested locally in new manufacturing and research facilities.

   
 
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Kemin announced a 5-year expansion plan that will add 6 new manufacturing facilities, 3 new research facilities and a new corporate headquarters building in southeast Des Moines along the new SE Connector roadway. In addition to the new facilities, the company’s expansion will create 98 new jobs in the areas of research, marketing, information technology as well as other support functions.

Kemin Industries President and CEO, Dr. Chris Nelson, shared the company’s expansion plans during a press conference held at Kemin Industries corporate headquarters in Des Moines, Iowa this morning. Other speakers included Des Moines Mayor Frank Cownie, Des Moines City Manager Richard Clark, IDED’s Director of Business Development, Thomas Hart, The Greater Des Moines Partnership’s President and CEO, Martha Willits, and Polk County Supervisor Robert Brownell.

“As we approach our 50-year anniversary in 2011, we are pleased to be well-positioned to make this significant investment in the future and our commitment to our employees, customers and the millions of lives that we touch every day,” said Dr. Chris Nelson, President and CEO of Kemin Industries. “Our expansion in Des Moines is an important part of the overall global expansion plan that will take the company to the next level.”

This is a key component of the company’s global expansion for achieving its vision of improving the quality of life by positively impacting half of the world’s population every day with its products and services. In addition to the company’s expansion in Des Moines, Kemin is actively evaluating expansion opportunities in Brazil, Russia, India and China.

Kemin has been working in collaboration with city, county and state officials in order to coordinate the acquisition of land currently owned by the city and county.

“The project is a win-win,” said City Manager Richard Clark, “It adds new revenue to the City’s tax base and Kemin achieves part of its vision of an overall global expansion plan that will take the company to the next level. To accommodate the construction of the SE Connector between SE 4th to SE 9th, the City is working on the relocation of the City’s Service Center operations in that area. In addition, Kemin’s expansion will span 20 acres and will include parcels presently occupied by the City’s Public Works, Parks, and Traffic and Transportation Departments at 2100 Scott. Our plan is to convey those non-taxed parcels on Scott to Kemin, adding to the City’s tax rolls and consolidate these City operations at a new location,” Clark added.

About Kemin® – Inspired Molecular Solutions™
Founded in Des Moines in 1961, Kemin Industries, Inc. (kemin.com) provides highly researched and highly effective ingredients with nutrition and health benefits to all levels of the feed and food supply chains as well as to the global health, nutrition and beauty markets. With a specific focus on each market served and with expertise in animal and human physiology, Kemin operates "glocally" in more than 60 countries with manufacturing facilities in Belgium, Brazil, China, India, Singapore, South Africa, Thailand and the United States.

 
 
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Agency / Source: Kemin Industries, Inc.

 
 

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Kemin’s Worldwide Expansion to Start in Des Moines

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Contact: Erin Hockman - Kemin.com 
515-559-5349 erin.hockman[.]kemin.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Kemin Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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