agspring-acquires-moreland-grain-and-seed

Agspring Acquires Moreland Grain and Seed

For Immediate Release
March 16, 2015

Agspring Acquires Moreland Grain and Seed

Leawood, KS. – March 16, 2015 — Agspring announces that it has acquired Moreland Grain and Seed and the company will merge operations with Thresher Artisan Wheat. Thresher Artisan Wheat is a milling-quality grain storage and merchandising subsidiary of Agspring with facilities throughout Southeastern Idaho.

Moreland Grain and Seed operations, including grain handling, storage, merchandising and seed sales will be integrated into the Thresher operations. President Ray Carlson will continue to participate in the business as an advisor and most Moreland employees will be retained.

“Joining the Agspring network as part of Thresher Artisan Wheat is the right move for everyone involved,” said Carlson. “We’ve built great relationships with our growers since 1997 and we knew Agspring was prepared to build on that legacy benefiting our community for the long term.”

“Adding Moreland Grain and Seed to our network makes sense to provide continuity and increased scale for our growers, partners and customers,” said Don Wille, CEO of Thresher Artisan Wheat. “Growers can stand confident in our reliable, competitive demand for their crop due to our integrated supply chain with key milling partners.”

Moreland Grain and Seed was founded by Carlson, an agribusiness veteran with more than three decades of experience in grain. Moreland has a storage capacity of approximately 1.8M bushels including a marque 600,000 bushel bin that was added in 2011. The facility also benefits from a 25-car rail spur with Union Pacific. Thresher plans to make additional upgrades to the facility prior to the 2015 harvest.

Moreland growers and customers will also benefit from the strong seed and identity preservation programs operated by Thresher as well as opportunities to participate in yield improvement and sustainability programs as part of the Agspring EverYield initiative.

About Thresher Artisan Wheat

Thresher Artisan Wheat provides high-grade wheat for demanding consumer food ingredients. Thresher builds upon a strong legacy of a unique value-added grain system in partnership with seed suppliers, producers and milling customers all with an industry-leading focus on sustainability. Thresher has offices in Minneapolis, Minnesota and locations throughout Southeastern Idaho including Blackfoot, Idaho Falls, American Falls, Pocatello, Newdale, Rockford and Schiller.

About Agspring

Agspring combines entrepreneurial teams, essential agriculture supply chains, and superior capital partners for global success feeding our changing world. Deep equity and credit relationships provide Agspring a solid platform for capital improvement and expansion. Agspring maintains decentralized operations and puts leadership teams in place who desire to grow into new markets including grains and oilseeds; livestock feed ingredients; and consumer food ingredients.

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Agspring and Big River Rice and Grain are trademarks of Agspring, LLC. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information, news media only:
Bradford Warner
913-333-3743
bwarner@agspring.com

For more information on Agspring or Thresher Artisan Wheat:

www.agspring.com