Heartland Grain
News Update

Press Release

Thursday, June 30, 2016

West Des Moines, IA - The Heartland Co-op Board of Directors is proud to announce the company will merge with Consumers Cooperative Society (CCS) in Iowa City, IA, on July 31, 2016.  CCS membership ratified the unification at a special membership meeting today in Iowa City.

“The boards of Heartland Co-op and CCS are very excited about the opportunity to bring together two organizations with similar goals and visions,” said Art Churchill, Heartland Co-op’s Board President.  “The combined companies will be able to provide members with market leading programs and services.”

“The unification will broaden the geographic diversity and market access of the company,” said Tom Hauschel, CEO/General Manager of Heartland Co-op. ”This unification helps ensure the long term viability of a farmer-owned cooperative system in the area.”

Consumers Cooperative has locations in Coralville and Frytown, IA.  The cooperative has sizable fuel, grain and agronomy businesses. They also provide limited bagged feed products to their members. More information about Consumers Cooperative can be found on their web site.

http://www.consumerscoop.net/

The name of the merged company will be Heartland Co-op with corporate offices in West Des Moines, IA.

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Quotes retrieved on July 25, 2016, 05:01:49 AM CDT
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Heartland Co-op to Lease CGB’s Wever, Iowa Facility

Mandeville, LA - Consolidated Grain and Barge Co. (“CGB”), a wholly owned subsidiary of CGB Enterprises, Inc., is pleased to announce that it has entered into an agreement to lease its Wever, Iowa facility to Heartland Co-op.

 “This arrangement allows both companies to work toward providing long-term value to the producers in southeast Iowa.  Heartland is a highly respected organization with whom we look forward to working with,” said Steve Burbrink, Director of Business Development at CGB.

The agreement was finalized on July 8th, and Heartland Co-op will begin operating the facility on August 1st.  CGB values its relationships with producers in Wever and surrounding communities; the company fully expects the transition to Heartland will be a seamless and positive one.

“With our recent construction of a state of the art shuttle loading terminal in Fairfield, IA, this agreement is a great complement to our initiatives in the region. We very much look forward to growing our relationship with area producers and adding value to our over 5,700 active Heartland Co-op members across the state,” said Tom Hauschel, Heartland Co-op’s CEO and General Manager.

About CGB Enterprises, Inc.

CGB Enterprises, Inc., headquartered in Mandeville, LA, operates 97 grain facilities across the Midwest. In addition to grain facilities, the company has dedicated operations in logistics and transportation, fertilizer, crop insurance, agri-finance, soybean processing, producer risk management, and other related businesses. For more information on CGB Enterprises, Inc, please visit www.cgb.com.

 About Heartland Co-op

Heartland Co-op is a full service cooperative with core businesses in grain, agronomy, fuel, and feed.  Headquartered in West Des Moines, IA, Heartland Co-op operates 71 locations across Iowa. The company provides its members and patrons with value added, innovative solutions that help farmers produce and market in a profitable manner. To learn more, please visit www.heartlandcoop.com

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West Des Moines, Iowa (50266)

Current Conditions: Scattered Clouds
Temperature: 71°F Dew point: 64°F
Humidity: 79% Pressure: 30.04 in. Hg
Wind: 4 mph From: North

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