Gavilon Acquires Cambridge, Wisconsin, Grain Operation

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Gavilon will continue purchasing grain from Dane County and surrounding area producers

 

Omaha, Neb. (Aug. 30, 2010) – Gavilon Grain, LLC dba Peavey Company today announced it has acquired a 5-million-bushel grain elevator in Cambridge, Wisconsin, from Vasby Farms, Inc. Gavilon will continue purchasing and storing grain from Dane County and surrounding area producers. All existing forward purchase and sales contracts will be honored by Gavilon.

 

“We are pleased to be expanding our presence in Dane County with the acquisition of a quality storage asset operated by Phil Vasby and Lowell Lund,” said Gene Reibel, senior director of merchandising and operations of Gavilon Grain. “The Cambridge facility will complement our Waunakee and Mt. Horeb operations, and enable Gavilon to provide area producers increased storage flexibility and greater handling efficiencies.”

 

The Cambridge facility, located at 8824 Clear View Road, will be managed by Larry Kippley, Gavilon’s facility manager at Waunakee. Kippley can be contacted at (608) 849-7090.

 

About Gavilon Grain, LLC

Gavilon Grain, LLC is a subsidiary of The Gavilon Group, LLC. Gavilon operates the fifth largest grain merchandising operation and is a leading feed ingredient platform in the United States. The company’s grain operations include sourcing, storage, handling and distribution of corn, wheat, soybeans and specialty grains to food manufacturers, livestock producers, poultry processors, soybean processors and ethanol producers. Gavilon utilizes its logistical expertise in truck, rail, container, barge and vessel shipments to serve a global customer base.

 

The Gavilon Group, LLC provides essential commodities and related services in the physical distribution, trading, merchandising and risk management of raw materials and value-added products moving through the global supply chain of grain, feed ingredients, fertilizers and energy products. For more information, please visit www.gavilon.com