Gilman’s $250 Million Incobrasa Expansion Is Complete
Incobrasa completed its Gilman expansion with a 170,000-square-foot plant, solar array, nearly doubled capacity and a 40-job commitment.
Incobrasa Industries has completed a $250 million expansion at its soybean-processing operation in Gilman, adding a 170,000-square-foot facility, a 50-acre solar array and an announced commitment to create 40 new full-time jobs while retaining 200 existing positions.
Gov. JB Pritzker and the Illinois Department of Commerce and Economic Opportunity marked the completed project with a ribbon-cutting announced June 22, 2026. The facility is adjacent to Incobrasa’s existing plant in the City of Gilman, in Iroquois County.
What was built
The expansion includes a new soybean-crushing and processing facility designed to double Incobrasa’s annual processing capacity. State officials and AgriNews reported that the expanded operation can process nearly 100 million bushels of soybeans annually.
The project also includes a 50-acre solar array with the capacity to generate five megawatts of energy. The state announcement said the electricity may be used directly by the plant or supplied to the grid. The available sources do not establish the array’s ownership or final power-delivery arrangements.
Jobs and agricultural capacity
Incobrasa and state officials reported that the project creates 40 new full-time jobs for the region and retains 200 positions. The figures describe announced employment effects and project commitments; they should not be read as an independently verified count of current payroll or proof that every new position has already been filled.
The larger plant converts soybeans into meal used for animal feed and oil that can be refined into biodiesel and other renewable-fuel products. For Gilman-area farmers, grain handlers, truckers and agricultural businesses, the facility’s expanded capacity is the most direct connection to the local economy. The sources confirm the plant’s capacity, but they do not yet document how freight patterns, local hiring, housing demand, utility use or city-service costs have changed.
How the state incentive works
Illinois supported the project through an Economic Development for a Growing Economy, or EDGE, tax-credit agreement signed April 27, 2023. The agreement identifies the project at Incobrasa’s Gilman operation and provides a credit against the company’s Illinois state income-tax liability, subject to the agreement’s requirements and limits.
The agreement requires a minimum of 40 new full-time employees by its December 31, 2026, benchmark date and a minimum of 200 retained employees associated with the project. It also establishes a baseline of 200 existing full-time employees for purposes of calculating the credit.
The EDGE agreement is a state tax incentive, not a direct City of Gilman grant. The documents do not establish a guaranteed increase in local tax collections or show what the final value of the credit will be.
What residents can watch next
The expansion gives Gilman a larger industrial operation with documented investment, processing capacity and announced employment commitments. The next useful indicators will be actual hiring activity, any changes in grain-supply relationships, freight or road impacts, and public records showing effects on utilities, permitting or local services.
For now, the confirmed story is the scale and completion of the Incobrasa project. Broader effects on Gilman’s taxes, traffic, housing market and public infrastructure remain questions for future reporting rather than established results.
Sources
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