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PINNACLE AGRICULTURE HOLDINGS ANNOUNCES THE ACQUISITION OF INDIANA'S NEW ERA AG
Source: Pinnacle Agriculture Holdings news release

Pinnacle Agriculture Holdings, LLC ("Pinnacle"), has successfully acquired New Era Ag LLC ("New Era Ag"). New Era Ag will operate as part of Pinnacle's Providence Agriculture brand ("Providence"). Located in Monroe, Indiana, New Era Ag was founded in 2008 as a full-service agribusiness, providing seed, fertilizer, and crop protection chemicals, as well as soil sampling and various lawn and garden products to local growers.

The new Providence location will be managed by New Era Ag's former co-owner, Todd Mathewson, and will remain located at 1522 S 000 Road, Monroe, Indiana 46772. Former co-owners, Bill Steinecker and Dan Kaminsky, will continue in sales representative roles, and all other employees of New Era will retain their current positions.

New Era Ag entered the agriculture industry as a crop consultant firm, but sparked by the demand of their customers, evolved into a full-service retailer. New Era Ag now services six counties in Indiana and Ohio, and credits their success to three factors: the grace of God; a hard-working, talented team; and always placing customers before anything else.

Todd Mathewson, said, "We at New Era Ag are excited about our ongoing growth potential. As always, we will continue the culture and grower-focused approach New Era Ag has come to represent."

"We are very excited about the recent acquisition. New Era Ag is a highly-regarded business with similar company values and goals of grower success," said Todd Louiso, Providence Area Operations Manager. "Here at Providence, we are also committed to innovation and delivering new solutions to help our farmers become more profitable. So, we are confident that the community New Era Ag has served so well will experience a seamless transition and continue to receive exceptional service."

Providence Agriculture is the newest addition to the Pinnacle family of retail brands providing farmers with access to industry-leading precision agriculture services in addition to seed, crop protection and fertilizer products.

Expansion efforts across the Midwest are currently underway to establish Providence Agriculture as a leader in innovation and technology, bringing to its customers only tried and proven products, techniques and services that will help growers reduce their risk, solve production problems, and lower their cost per unit of production by increasing yield potential.


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