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CAT, SunSelect greenhouse project still moving forward
By TIM ALEXANDER
Illinois Correspondent
 
PEORIA, Ill. —Plans made by Caterpillar, Inc. to construct a commercial greenhouse
along with SunSelect Produce, Inc. on 65 acres of rural land adjacent to the
Mossville Technology Center are moving forward, according to an official at the
earth-moving equipment company’s world headquarters in Peoria.
 
The news comes as Caterpillar begins the process of relocating its HQ building
and top-tier executives to Deerfield, in the northern Chicago suburbs, while also
bracing for potential federal tax evasion charges.
Caterpillar recently confirmed its intention to follow through on the greenhouse project, which could employ upwards of 300 people. “Since the initial announcement last year, through the collaborative efforts of the SunSelect and Caterpillar teams, significant progress towards a final design for the project has been made,” said Bridget M. Young, CAT senior public affairs manager, corporate Social Innovation Division.
 
“The teams continue to evaluate certain design system options relative to their impact on the need to achieve a minimum return on investment requirement for the project, prior to due diligence being completed and the project proceeding to the next stage.”
 
SunSelect, founded in 1985 in Europe, will produce tomatoes, peppers and other
vegetables in a hydroponic greenhouse using steam generated by Caterpillar’s
Mossville facility, which is located 10 miles north of Peoria in Medina Township.
Customers will include large retailers, grocery and restaurant chains.
 
“We’re taking what used to be waste steam off what was already a pretty efficient
process, and putting it to use in one of the only ways it could be used, in this type
of agriculture,” Mark Kelly, Caterpillar spokesperson, said in May 2016. “Tying
power generation to greenhouses is not as uncommon as one might think.”
The plan was still subject to regulatory approvals, due diligence and permitting
and closing conditions, Kelly said at the time.
 
Young said recently it was still too early to speculate on groundbreaking or completion dates for the project. Caterpillar had leased out the farmland acreage the greenhouse will be built upon to area producers for decades, prior taking the land out of production just this year. 
5/4/2017