World Grain - September 2016 - 108

SUPPLIER NEWS

Ag Growth acquires
Mitchell Mill Systems
WINNIPEG, MANITOBA, CANADA - Ag Growth International
Inc. (AGI) on July 18 said it has acquired Mitchell Mill Systems
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Based in Newton, Ontario, Canada, with a second facility in Joplin,
Missouri, U.S., Mitchell is a manufacturer of material handling
equipment used in grain, fertilizer, animal feed, food processing and
industrial applications. The company's products include conveyor
systems, bucket elevators, screw conveyors and drag conveyors.
Financial terms of the transaction were not disclosed.
"The acquisition of Mitchell expands AGI's commercial business into eastern Canada, expands our reach in the U.S., while also
providing an expanded product offering," said Tim Close, chief exHFXWLYHRI¿FHURI$*,³7KHH[SDQGHGSURGXFWOLQHVPRYH$*,LQWR
new markets and we welcome new customers in the adjacent grain
and food processing space. We are very excited to have the whole
Mitchell team joining AGI in pivotal roles as we extend our capabilities into new markets. The team will continue to be led by Todd and
Stephen Mitchell and we congratulate them on building an excellent
business focused on quality, reliability and service."
Mitchell Mill had revenues of approximately $30 million in the
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upon closing, and a contingent amount payable over three years
based on the achievement of EBITDA targets. The amount payable
upon close will be funded from AGI's existing revolving credit facility, the company said.
Established in 1996, AGI has manufacturing facilities in
Canada, the U.S., Italy, Brazil and the United Kingdom, and distributes its products globally. The company has pursued a strategy of organic growth complemented by strategic acquisitions,
including the acquisitions of Batco Manufacturing (specialty
crop belt conveyors), Wheatheart Manufacturing (grain handling
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Guard and Keho (aeration and grain drying equipment), Hi Roller
(enclosed belt conveyors), Twister (galvanized grain bins), Union
Iron (material handling and storage equipment), Tramco (bulk
material handling equipment), Airlanco (air management systems), REM (grain vacs), Westeel (storage), PTM (grain handling
equipment, including chain or belt conveyors and bucket elevators), FRAME (material handling and storage), VIS (fertilizer
handling and storage equipment), Entringer (material handling
and storage) and NuVision (turnkey fertilizer solutions).

Chief Industries introduces dryer technology
KEARNEY, NEBRASKA, U.S. - Chief Agri/Industrial, a division
of Chief Industries, Inc., announced in June the development of new
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and works alongside its commercial dryer series.
The Chief commercial dryer, including the self-cleaning EcoGuard
System (patent pending), addresses the increased demands to reduce
dust emissions in the grain industry.
Chief said it considered engineering a system with these capabilities after a Chief representative saw a customer's need for dust
reduction and minimizing maintenance.
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said Doug Kavanaugh, operations manager of Glacial Plains
Cooperative. "We knew there would be some changes to be made

but Chief was willing to go the extra mile to help us and hopefully
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couple of things to help 'reduce emissions in the package.'
"After the harvest season was complete, the locals sent a spokesPDQWRRXURI¿FHWROHWXVNQRZWKH\ZHUHVDWLV¿HGZLWKWKHFKDQJes. I have been in the grain business my whole life and was totally
amazed with how many bee's wings there are in corn. With this system you can actually watch the amount taken out. It is worth seeing
it to believe."
Roger Townsend, president of Chief Agri/Industrial, added,
"Chief is proud of the latest addition of quality products to broaden
the range of Chief's equipment offering and meet the needs of our
ever-growing customer base."

Brock adds eastern region development manager
MILFORD, INDIANA, U.S. - Nathan Kehr joined Brock Grain
Systems as a district business development manager for the company's eastern U.S. sales region, said Dave Dell, global marketing
and sales director for the CTB Inc. business unit.
In his new position, Kehr will be responsible for assisting Brock's
east region team with sales, marketing and business development as
well as dealer support and growth in marketing the company's line
of storage, handling, conditioning and structural products for grain.
Prior to joining Brock, Kehr was the marketing manager for a
commercial building automation controls manufacturer. His background includes experience in direct sales, dealer development, marketing, and strategic planning for the automotive, medical device
and building services markets.
108

A native of Goshen, Indiana, U.S., Kehr
has bachelor's degrees in business and education from Indiana University, Bloomington,
Indiana, U.S. He also has a master's of business administration degree in marketing and
professional sales management from Ball State
University, Muncie, Indiana, U.S.
He currently resides in Goshen.
Brock Grain Systems is a part of the CTB,
Kehr
Inc. family of companies. Based in Milford,
Indiana, U.S., CTB, Inc. is a leading global designer, manufacturer
and marketer of systems and solutions for producing grain, poultry,
pigs and eggs, and for processing poultry.
September 2016 / World Grain / www.World-Grain.com

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World Grain - September 2016

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