In 2022, Fufeng USA, a subsidiary of Chinese company Fufeng Group, purchased 370 acres near Grand Forks, North Dakota, with the intention of developing the land to build a plant for wet corn milling and biofermentation,[1] prompting opposition from federal and state politicians.[2] North Dakota Senators, North Dakota’s Governor, and Senator Marco Rubio urged the … Continue Reading
Status: Not a Covered Transaction Acquirer: Fufeng Group (China) Acquired: Real property near Grand Forks, North Dakota Value: Approximately $2.6 million Industry Tags: Agri-Industrial; Agriculture… Continue Reading