Scoular to Operate Grain Facilities in Winona and Pence, Kan.
OMAHA, NE (September 11, 2014) – The Scoular Company is pleased to announce the acquisition of substantially all of the assets of Winona Feed and Grain, Inc. of Winona, Kan. Included in the deal are two Kansas grain storage and handling operations, one with 1.8 million bushels of storage space and access to the Union Pacific Railroad’s main line in Winona and another in Pence with nearly 800,000 bushels of storage capacity and truck-only access. Terms of the transaction were not disclosed.
“We’re pleased to add Winona Feed and Grain’s operations to our grain merchandising network and to bring the benefits of that network to farmers whose grain is tributary to the Winona and Pence facilities,” said Glen Hofbauer, Scoular’s director who oversees the company’s Kansas operations.
“We’ve enjoyed a long-standing trading relationship with the staff of Winona Feed and Grain over the years, and we’re delighted that the owners selected us to continue what they’ve worked to build for the past 65 years.” Hofbauer said Winona Feed and Grain’s former General Manager Art Koster will continue to manage the business under Scoular’s ownership.
“We knew we wanted to sell the business to a company that shares our vision for the future of agriculture in our local area, has a presence in the global marketplace, and is committed to customers and employees alike. We found all of that in Scoular, and we’re excited about what this company can bring to our local area,” stated Michael W. Brown, president of Winona Feed and Grain.
In addition to the Winona and Pence facilities, Scoular operates 11 other grain storage and handling locations in Kansas. These locations are part of the company’s grain marketing network that includes offices and facilities in 20 U.S. states as well as Canada, Mexico, and South America. “Our network of diverse locations, products, and services allows us to connect farmers to opportunities down the road, across the country, or around the world,” said Hofbauer.
A 122-year-old company with more than $6 billion in sales, The Scoular Company operates 90 independent business units that provide diverse supply chain solutions for end-users and suppliers of grain, feed ingredients, and food ingredients around the globe. From nearly 90 offices and facilities in North and South America, our 750+ employees are engaged in the business of buying, selling, storing, and handling grain and ingredients as well as managing transportation and logistics worldwide. www.scoular.com.