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GROWMARK TO ACQUIRE FULL OWNERSHIP OF IMPERIAL VALLEY TERMINAL
Imperial Valley Terminal in Havana, Ill., a grain terminal along the Illinois River. GROWMARK, Inc. announced it has acquired full ownership of the facility, previously jointly owned with CHS.


Source: GROWMARK sent via AgPR--the news distribution service for agriculture

HAVANA, Ill. -- GROWMARK, Inc. announced today it has acquired full ownership of Imperial Valley Terminal, a grain terminal located along the Illinois River in Havana. GROWMARK and CHS have jointly owned the facility, also known as CHS Havana, for several years.

Lakeside Grain Trading LLC will manage the port's grain operations, while Sunrise FS will continue to operate the facility's agronomy and energy assets. Both companies are wholly owned by GROWMARK, Inc.

Imperial Valley Terminal is an important delivery point for farmers and commercial grain companies, providing access to export markets and supporting the efficient import of crop nutrients. Full ownership will allow GROWMARK to streamline operations, expand the high-volume facility and serve a growing customer base.

"Full ownership of Imperial Valley Terminal strengthens GROWMARK's grain network and creates additional value for our member-owners," said Joe Kapraun, Executive Director of Grain Business for GROWMARK. "It also positions us to expand opportunities for customers throughout the region."

Existing and prospective customers with grain merchandising or logistics needs, or questions, are encouraged to contact Lakeside Grain Trading directly at 773-375-1830.

About GROWMARK

GROWMARK is an agricultural cooperative serving almost 400,000 customers across North America, providing agronomy, energy, facility engineering and construction, and logistics products and services, as well as grain marketing and risk management services. Headquartered in Bloomington, Illinois, GROWMARK owns the FS trademark, which is used by member cooperatives. More information is available at GROWMARK.com.


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