According to media reports, Glen Taylor has signed a deal to purchase a former beef processing plant in a southern Minnesota town and turn it into a pork processing plant.
Taylor, owner of the Minnesota Timberwolves professional basketball team and many other businesses, signed the deal that will turn the former PM Beef plant in Windom into a state-of-the-art pork processing plant. PM Beef closed its doors in December, putting 260 people out of work.
According to a recent article in the Minneapolis Star Tribune, which Taylor owns, Taylor and Greg Strobel from Pemberton in southcentral Minnesota will be investing $20 million to $25 million into the plant to be named Prime Pork.
Taylor grew up on a farm near Comfrey, Minn., about 25 miles northeast of Windom, and he said in the Star Tribune article that returning jobs to the area is a driving factor in his interest in the project. Strobel said Prime Pork expects to hire 300 to 350 workers initially. The pigs will come from the two main partners, he said, although the company may do business with other hog producers in southern Minnesota as it grows.
Strobel said in the Star Tribune article that refurbishing the plant for pork processing may take up to nine months, and then would process more than 4,000 hogs daily once at full production, or 1.5 million per year.