OMAHA, NEB. — The Scoular Co. has acquired the Tri-Fields Farms grain elevator in Netley, Man. Financial terms of the transaction were not disclosed.
The facility is located on the Lake Line Railroad, a shortline with access to the C.P. at Selkirk, Man. The elevator was built by Manitoba Pool Elevators, which merged with Alberta Pool into Agricore. It was sold in 2000, prior to Agricore’s merger with United Grain Growers.
Randy Penner, former owner and operator of Tri-Field Farms, and other Tri-Field staff will continue to work at the facility as Scoular employees.
“We operate more than 90 facilities in the U.S. and Canada and source grains, oilseeds, and special crops from growers and commercial companies in North America, South America, and Asia,” said Jeff Vipond, senior marketing manager for Scoular. “Our role is to connect local production to the best market. We give our end-use customers the products they need, when and where they need them, and bring the value of that demand back to growers.”
Mr. Vipond said Scoular’s commodity merchandisers from the company’s Calgary office have worked closely with Mr. Penner for the past three years. During this time, Scoular made significant investments in the facility to improve the marketability of locally produced grains and oilseeds.
“I’ve enjoyed working with Scoular over the years, and I’m excited to help grow the business under the company’s ownership,” Mr. Penner said. “Scoular’s commodity marketing expertise, combined with its people’s relationships with distillers, flour millers, exporters, and railroads, brings value to this operation and the local growers it serves.”
Scoular has been an active player in the Canadian agricultural marketplace since the late 1990s when it opened its Calgary office. In November 2015, the company substantially expanded its presence in Canada through its purchase of Legumex Walker’s Special Crops Division. The acquisition included the business and people of the division as well as multiple processing and receiving facilities in Canada and the United States.Scoular owns 93 grain storage facilities with total licensed grain storage capacity in excess of 130 million bus.