Wayzata-based Cargill Inc. says the company plans to operate one the largest poultry broiler production facilities in China next year. The facility currently under construction will raise 65 million birds a year. Cargill invested $250 million into the plant. China's poultry industry is rapidly expanding with annual growth at 5 to 6 percent.

Bloomberg News is reporting Cargill Inc. plans to develop industrial palm-oil plantations and processing facilities in Ivory Coast within five years. The Minnetonka-based agribusiness giant may invest $380 million in the project. Cargill is one of the biggest cocoa exporters in the West African nation, the world’s top grower of the crop.

Minnetonka-based Cargill Inc., one of the world's largest commodities traders, claims in a new lawsuit that it was duped in a business fraud that involves the sale of fake renewable energy credits, the Star Tribune reports. The company says it arranged to buy 1.2 million biodiesel credits from a New York broker in 2010, and learned later the credits were invalid.

The Wayzata-based agribusiness employs 6,600 employees in Minnesota, and although the cuts are not focused in any one area, Cargill won't say how many Minnesota workers will be laid off.

Wayzata-based Cargill says it has acquired the global Envirotemp FR3 fluid business and brand from Milwaukee-based Cooper Power Systems.

Cargill Inc. plans to increase the production capacity of its joint-venture Paseo Biofuels LLC biodiesel plant in Kansas City by 40 percent, Reuters reports. The Minnetonka-based agriculture giant expects the expansion to be complete by March 2013.

Several companies gathered to swap power-saving tips at 3M's energy-efficiency summit on Monday. The Maplewood-based company touted its plan to change light bulbs across 35 million square feet of factory space, the Star Tribune reports.