Having already ventured outside of Europe with a flake line in India, Agristo's sights were now set on America. Agristo has already established a strong presence in the U.S. market, significantly increasing its private label segment market share.
In recent months, the compzny collaborated closely with American farmers to test potato varieties that meet its high standards. These partnerships have strengthened the company's ties to the region and solidified its commitment to sustainable growth.
Grand Forks, North Dakota, has been selected as the location for Agristo's U.S. production site due to several key factors. The state is home to a strong agricultural community with deep expertise in potato farming, offering valuable collaboration opportunities with local stakeholders. North Dakota’s vast agricultural land and favorable growing conditions proved ideal during extensive tests of potato varieties. These trials demonstrated exceptional potential for optimal crop yield and quality. Additionally, the expansive land and development-friendly policies in the region provide ample room for future growth, aligning perfectly with our ambition to expand as market demand continues to rise.
State Support And A Community-Driven Approach
The Grand Forks site represents an initial investment of at least $450 million in the first phase alone. This investment reflects the company's strategy of reinvesting earnings into projects that drive long-term value, supporting innovation, expansion, and strong partnerships. Our approach isn’t just about expansion. It’s about creating shared value. The company's reinvestments help it build sustainable production sites and foster meaningful collaborations with stakeholders. Each project we undertake strengthens our ability to meet global demand while creating lasting benefits for the communities where we operate.
Throughout the decision-making process, it received exceptional support from local officials, farmers, and residents in Grand Forks. Their enthusiasm reinforced Agristo's belief in building not just a production site, but a hub for collaboration and growth. The groundbreaking for the North Dakota facility is set for 2025, with plans to commence operations by the summer of 2028. This investment is expected to create 300 to 350 direct jobs and stimulate indirect investments in agriculture and supply chains, boosting local and regional economies.
This milestone underscores Agristo's resilience, ambition, and dedication to making a positive impact globally. As it continues to grow, it remains committed to creating value for its customers, communities, and partners through sustainable growth and delicious potato inspired products.
For more information, visit https://agristo.com/.