Scoular Acquires Grain-Handling Facilities from Evans Grain
December 16, 2014
OMAHA, NE (December 16, 2014) – The Scoular Company is pleased to announce that it has acquired Evans Grain and Elevator Co.’s grain-handling assets in Ontario, Ore., and Caldwell, Nampa, and Notus, Idaho. Terms of the transaction were not disclosed.
“We’ve had a long-standing relationship with John Evans, and we are looking forward to having him and other Evans employees join our team and work with us to expand marketing options for local producers as well as grain and feed ingredient customers,” said Kevin Thompson, Scoular’s director who oversees the company’s trading activities in the U.S. intermountain region.
Thompson said the newly acquired facilities fit well into Scoular’s trading and grain-handling activities in the region, noting that two opportunities resulting from the acquisition are particularly exciting. One of these stems from the proximity of the former Evans facilities to Scoular’s barge-loading location in Burbank, Wash., and the other supports Scoular’s growing commodity and feed ingredients business in the western U.S.
“We took control of the Burbank facility earlier this year, and following substantial investment in renovations and repairs, we are shipping wheat via barge to export facilities. Going forward, we see an opportunity to truck wheat from these newly acquired facilities to Burbank to support this program,” said Thompson.
He added, “We also are excited about using the commodity transloading facility located at Nampa, Idaho, to provide grain and feed ingredients to dairies and feedlots in the Treasure Valley region.” Thompson said Nampa complements Scoular’s existing operation in Jerome, Idaho. Scoular constructed the Jerome transload facility in 2006, and in the fall of 2014, the company began operating a newly constructed commodity blending facility located adjacent to its existing transload operation.
The Evans Grain transaction is Scoular’s second acquisition of Treasure Valley grain-handling facilities in recent years. In July 2012, Scoular purchased two grain operations in Weiser, Idaho, from Weiser Feed and Storage, Inc.
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.
About Evans Grain & Elevator Co.
Evans Grain began business operations 50 year ago in 1964 when Bob Evans, founder, left the Pillsbury Company and started a grain trading office in Ogden, Utah. Evans operated over 20 separate grain elevators throughout the Intermountain West at one time. Evans Grain still operates a mineral and feed merchandising division in Idaho and Utah as well as a seed division named Western Seeds. In Montana, Evans Grain owns Montana Specialty Mills, a specialty oilseed and grain handling, processing and merchandising business.