The Andersons to purchase Logan County corncob facility

If the sale goes through, The Andersons would become the sole cob processor and product manufacturer in the industry with multiple mills.

John Hawkins

Published: Oct 3, 2012

The Andersons, Inc. announced this week that it has signed a definitive agreement to purchase substantially all of the assets of Mt. Pulaski Products, LLC. The transaction, which remains subject to certain conditions, is anticipated to close in the fourth quarter.

"This acquisition aligns with our growth strategies for our cob products business," says CEO Mike Anderson. "We will be doubling our raw cob supply which enables us to enhance the service to our existing customers and expand our presence in the higher value segments of this business."

If acquired, the assets of Mt. Pulaski Products, LLC, will operate within The Andersons Turf & Specialty Group, Cob Division.

"These two facilities are ideally positioned in the center of Illinois seed corn production areas with freight and logistical benefits," says Tom Waggoner, President,Turf & Specialty Group. "The combination of these mills with our existing mill in Delphi, Indiana, enables us to optimize capacity as well as enhance service to our customers."

Permalink: Click here

Comments

Read comments from others and share your own thoughts.

Please provide the answer to the following question:

=

Search this site:

Read More Stories

Memorial Day holiday closures

Grain markets will be closed Sunday night and Monday for Memorial Day (May 27th) and will re-open Monday night at 7:00pm CDT. Livestock futures will be closed Monday and resume trading Tuesday morning.

Read this story


Prairie Farms to host 75th anniversary events

Prairie Farms will be hosting events free to the public in honor of their 75th anniversary as well as June Dairy Month.

Read this story


NPPC fear COOL rule retaliation

The U.S. pork industry fears possible trade retaliation in two of its major markets, after USDA issued a final rule on country of origin meat labeling. We have a report from RFD Radio's Matt Kaye.

Read this story

Prairie Farms to host 75th anniversary events

NPPC fear COOL rule retaliation

Rainy week ahead for Illinois farmers

Memorial Day holiday closures

Federal aid approved for 14 more counties

Illinois farmland values keep going higher

Ag groups seek to knock down EU barriers

Immigration: The conversation

Wet weekend ahead

EPA proposes posting pesticide labels on the Internet

Top 50 Tags