Scoular, a U.S. grain
trading, handling and processing firm has acquired two facilities
in northern Florida to help the company better serve grain and livestock
producers in the Southeastern United States.
Scoular purchased the assets of Columbia Grain & Ingredients in Lake City and Live Oak, Florida. The purchase provides Scoular with anchor locations in the region and includes feed ingredient and grain handling facilities, storage space and a feed mill.
The facilities will provide upright storage space of close to 600,000 bushels and flat storage of over 10,000 tons, which will be used primarily to handle corn, bulk ingredients and micro ingredients. The facilities are capable of loading and unloading trucks, as well as railcars, with the Lake City site able to handle 135 rail cars.
The facilities will enable Scoular to provide just-in-time delivery and strengthen its existing grain and ingredient businesses in the Southeast. The purchase, which also will enable Scoular to add micro-ingredient blending to its services in the region, will include Columbia’s transportation fleet and team.
“This transaction is critical to better serving our feed and grain customers in the region,” said Eric Perry, Vice President and General Manager in Scoular’s Feed Division. “This investment expands our network, product portfolio and transportation presence in the region, demonstrating our commitment to providing high-quality ingredients and services to our customers. We are excited to leverage our operational expertise and experience in blending ingredients into this new and expanding business.”