Gavilon Grain, LLC and Ceres Solutions, LLP Finalizing Lease Agreement

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The companies expand their relationship in Indiana with transfer of three grain facilities


Omaha, Neb. (May 1, 2009) – Gavilon Grain, LLC (Gavilon) and Ceres Solutions, LLP announced today that the two companies have begun lease negotiations to transfer the operation of three Ceres-owned elevators to Gavilon, with an expected effective date of July 1, 2009, that is subject to change.


"We are excited that this new lease arrangement capitalizes on our long-standing relationship with Gavilon in the Terre Haute, area and that we are able to expand it throughout the rest of our territory," said Jeff Troike, CEO for Ceres Solutions.


The lease arrangement will complement Gavilon’s current footprint in the grain industry by expanding its presence in Indiana. The elevators are located in Whitesville, Cherry Grove and Pleasant Ridge. Gavilon currently operates seven grain elevators in the state.


"This broader base of grain facilities will increase the strength of Gavilon’s grain handling and distribution operations and contribute to its ability to compete more effectively in the Indiana market," said Greg Konsor, vice president and general manager of Gavilon’s grain operations.


Gavilon intends to retain all of the current grain employees at the three facilities, pending the completion of the application and hiring process. In addition, all existing contracts with the elevators will be honored. Konsor said the intention is to create a relatively seamless transition, allowing business activity to continue uninterrupted for the local customer base.


"Our commitment is to bring the exceptional, high-level standards and quality that Gavilon and Ceres Solutions customers have come to expect," Konsor said.
 

For more information about Gavilon, please contact Deb Ahl at (800) 551-9737.
 

For more information about Ceres Solutions, please contact Jeff Troike at (800) 878-0952.
 

About The Gavilon Group, LLC
Gavilon Grain, LLC is a subsidiary of The Gavilon Group, LLC. The Gavilon Group, LLC provides physical distribution, merchandising and trading across basic inputs and outputs, including grains, feed ingredients, fertilizer and energy products. The Gavilon Group, LLC also provides comprehensive logistical and risk-management services to customers in the agriculture and energy markets. For more information, please visit www.gavilon.com.

 

About Ceres Solutions, LLP
Ceres Solutions is a diverse agriculture, grain and supply partnership that was launched in February 2007. Ceres Solutions brings together the Agrokey Co-op of Rensselaer, Growers Co-op of Terre Haute and Westland Co-op of Crawfordsville—three financially sound cooperatives with a heritage of committed people providing excellent customer service. Ceres Solutions serves more than a dozen counties with agronomic inputs, energy, grain marketing and a wide variety of other products and services for producers and customers.