Cargill has confirmed it has completed the acquisition of Owensboro Grain Company - a fifth-generation family-owned soybean processing facility and refinery located in Kentucky.
The addition of Owensboro Grain Company will enhance Cargill’s efforts to increase capacity across its North American oilseeds network to support growing demand for oilseeds driven by food, feed and renewable fuel markets.
Owensboro Grain Company was founded in 1906 as a small grain merchant and today operates a fully integrated soy processing facility, producing soy products, including protein meal and hull pellets for animal feeds, crude and degummed oil, lecithin, various blends of refined vegetable oil for human consumption, biodiesel, glycerin and industrial waxes.
“Today marks a significant milestone as we welcome Owensboro Grain Company into our Cargill family,” said Leonardo Aguiar, president of Cargill’s North American agricultural supply chain.
“The addition of Owensboro Grain is an essential step on our journey to creating a connected, resilient and modernised grain experience for our customers and the markets we serve.
“We are pleased to welcome Owensboro Grain Company into our Cargill family. Our two companies have tremendous operational histories, similar heritages as grain merchants, and values, including an unwavering commitment to prioritizing people ― making this a tremendous fit. Additionally, this is a significant milestone in Cargill’s journey to create a connected and modernised grain experience for our customers.”
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