The Cattlemen’s Heritage Beef Co. has finalized the purchase of the site for its planned 2,000-head-per-day beef-processing facility in Mills County. The company completed the agreement to buy 132 acres from a private party on Dec. 30. The sale price was not disclosed.

“Land purchases for projects of this size often take quite a while to complete and they often have unforeseen challenges, but everyone worked together very well from day one and through negotiations until final documents were signed,” Principal Developer Chad Tentinger said in a news release.

Groundbreaking on the facility is planned for this year, and a spokesperson for Cattlemen’s Heritage told the Business Record the signing of an agreement with a lead investor is imminent.

Additionally, Gross-Wen Technologies, an algae-based wastewater treatment company, will provide contained treatment at the site. The technology will capture and offset several thousand tons of carbon dioxide per year from the atmosphere, according to the release. “That’s the equivalent of avoiding the use of 242,000 gallons of gasoline every year,” Tentinger said. “The nitrogen and phosphorus that it will recover will be converted into valuable, natural fertilizer for re-use by area farmers as part of our goal to create a carbon-neutral footprint.”