Lacking the resources at home, South Korean investors are turning to the U.S. to build a processing plant to produce their own beef they say is higher quality than what the U.S. provides.
The plant would be located in Scottsbluff, Neb. on 43 acres of land currently owned by the city. Keith DeHaan, general manager of Future Food Energy LLC, told a crowd at Tuesday’s Scottsbluff-Gering Rotary Club that most of the beef will be exported to South Korea, who has a growing economy but limited natural resources.
The Associated Press reports the proposed 358,000-square-foot plant will use grass-fed beef from producers located around Scottsbluff.
DeHaan told the Scottsbluff Star Herald the quality of beef is higher in South Korea, but the country’s supply isn’t enough to meet the growing demand. South Korean investors have joined forces with plans to build their own processing plant, creating a “pipeline” of high quality beef from the U.S. to South Korea.