World Grain - February 2010 - 14

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Scoular to join Johnson
Grain in joint venture

Tail Section Reloads Spills
,

OMAHA, NEBRASKA, U.S. - The
Scoular Co. and Johnson Grain, L.L.C. of
Waverly, Illinois, U.S., announced on Jan.
13 that they have agreed to form a new
joint venture that will own and operate
grain handling assets in Central Illinois.
Financial terms of the transaction, which
is expected to close in February, were not
disclosed.
The grain handling assets to be jointly
owned and operated include three elevators previously managed by Johnson
Grain. Scoular's elevators in Illinois are
not included in the venture.
Todd McQueen, senior vice-president at
Scoular, said the two companies have enjoyed a close trading relationship for many
years and are pleased to take the next step
of uniting regional operations.
Jay Johnson, president of Johnson Grain
and soon-to-be general manager of the joint
venture, said the move was a fit for Johnson
Grain as it looks to bring expanded service,
more markets and better grain value to its local producers and economy.

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Cassady named vice-president,
procurement for ADM
DECATUR, ILLINOIS, U.S. - Archer
Daniels Midland Company (ADM) on Jan.
14 announced that it named Steven J. Cassady, vice-president, Procurement.
Cassady will oversee all ADM noncommodity purchasing functions and manage key supplier relationships, the company said. He will report to John Rice,
executive vice-president, Commercial and
Production.
Cassady was director of global procurement for Kohler Company. He has also held
supply chain management positions for Lucent Technologies and
began his career as a
senior project engineer
with AT&T CorporaCassady
tion, ADM said. He has
a Master of Business Administration in
financial and international business from
Columbia University, a master's degree in
industrial engineering from Purdue University and a bachelor's degree in industrial engineering from the University of
Illinois.

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E-mail: mail®damas.com

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World Grain - February 2010

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