In The News

$9.8 million secured to build bioeconomy innovation campus in Stanislaus County

BEAM Circular has secured $9.8 million in public funding for the development of the California Bioeconomy Innovation Campus—an ambitious new facility that will transform agricultural waste, food byproducts, and forestry residues into renewable fuels and sustainable goods. The project, which will be located in Stanislaus County, marks a major step forward in the region’s efforts to drive clean technology and circular economy development.

The funding includes $8 million from the recently approved 2025 California State Budget and $1.8 million from North Valley THRIVE through the California Jobs First Program. Legislative support for the state budget investment was led by Senator Jerry McNerney and Assemblymember Rhodesia Ransom, both of whom underscored the project’s potential to advance regional prosperity while supporting statewide climate goals.

“The Legislature and Governor Newsom’s decision to invest in BEAM Circular via the state budget is great news—a win-win for the Northern San Joaquin Valley and the rest of California,” said Sen. McNerney. “It will bring high-quality jobs, benefit farmers and growers, and accelerate wildfire solutions, while helping the state meet its climate goals.”

 

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