To view information about each location individually, just click on the links in the text below.
Today's challenges make us a better company tomorrow.
Since the early days of the 1900's, Central Iowa farmers knew they needed a place to market their grain for a fair price. Now, over 100 years later, Heartland Co-op has evolved into the cooperative it is today with its 71 locations providing products and services to its farmer members/patrons.
At each benchmark during the past 100 years, Heartland Co-op looked at the future needs of its members and chose growth over stagnation. The old, original elevators served the needs of those turn-of-the-century farmers who unified in order to put some clout in their grain marketing. We're still doing everything we can to give Heartland-area farmers a voice in the future of agriculture.
History of Mergers and Acquisitions
The "original" Heartland Co-op was formed in 1987 with a merger of three cooperatives with facilities in Panora, Dallas Center, Minburn and Granger. Panora Farmers Cooperative was formed in 1947. Farmers Cooperative Company of Dallas Center was formed in 1919. Minburn had been a private elevator until it became Minburn Cooperative Elevator in 1945. Minburn purchased a private agronomy plant located at Granger in 1986. In a 1991 merger, Booneville Cooperative Elevator Company (a cooperative formed in 1949) was added through a merger. In the following year, 1992, Laverty Elevators (a private elevator) in Indianola, was purchased.
In July of 2006 Central Iowa Cooperative (CIC), with locations in Jewell, Randall and Stanhope, voted to be part of the strong organization of Heartland Co-op. CIC began operations in Jewell in 1908 as the Jewell Farmers Elevator Company and reorganized in 1945 with a new name of Jewell Cooperative Elevator Co. On April 1, 1975, a merger with the Farmers Cooperative Elevator of Stanhope was incorporated under the new name of Central Iowa Cooperative (CIC). In 1976 CIC purchased the Cargill Elevator and business in Stanhope and in 1996 the Farmers Coop Grain Company of Randall was merged into CIC. In 2002 CIC purchased the business and facilities of Farm Service Co. of Jewell.
On July 1, 2007, Central Counties Cooperative, Reinbeck and Heartland Co-op, West Des Moines merged. Central Counties Cooperative evolved from several mergers over the past three decades. In 1989, the Farmers Cooperative of Kellogg purchased the Continental Grain facility in Pickering. In 1990, Farmers Cooperative of Gilman, Newburg, and Laurel merged with the Farmers Cooperative of Kellogg and Pickering to become the original Central Counties Cooperative. In 1995, Famers Cooperative Elevator Company of Grundy Center and Holland merged with Farmers Cooperative Company of Reinbeck to become Farmers Cooperative. The following year, in 1996, Lincoln Cooperative Company of Lincoln purchased the privately owned Farmers Elevator of Traer. Lincoln Cooperative Company of Lincoln and Traer merged into Central Counties Cooperative in 1998. The final addition to Central Counties Cooperative occurred in 2005 with the purchase of the privately owned Washburn Elevator. Heartland Co-op increased sales revenue and employee base - our 41 locations now included Gilman, Grundy Center, Holland, Kellogg, Laurel, Lincoln, Newburg, Pickering, Reinbeck, Traer and Washburn.
The following year on February 1, 2008, the Farmers 4-County Cooperative of Belle Plaine became part of Heartland Co-op family. Farmer's 4-County Cooperative history began in Belle Plaine as a fuel, feed, and fertilizer only facility in 1963. In 1979, a private grain elevator was purchased in Blairstown, which put the company in the grain business as well. Another private elevator in Hartwick was purchased in 1980. Ten years later, in 1990, four grain and fertilizer facilities were purchased from the Fronings Western Grain Company in Belle Plaine, Elberon, Chelsea, and Luzerne. In 2000, the final addition to Farmers 4-County Cooperative was the purchase of a private elevator in Marengo. The merger of Farmers 4-County Cooperative has added nearly 5,289,000 bushels of permanent grain storage to Heartland Co-op with these seven locations. These seven additional locations included Belle Plaine, Blairstown, Chelsea, Elberon, Hartwick, Luzerne, and Marengo.
In July of 2010 the acquisitions of four previously owned Roorda operations were acquired in Newton, Monroe, Prairie City West and Runnells by Heartland Co-op. This added another 4 M bushels of storage to the Heartland Co-op overall portfolio.
On December 29, 2010, Heartland Co-op purchased Grainco, Inc. which is located in Dexter, IA. This investment added 2,800,000 bushel of grain storage capacity as well as bagged feed offerings
On September 1, 2013, Heartland Co-op welcomed Farm Service Company (FSC) to its ever-expanding trade territory. With this merger, Heartland Co-op was able to operate out of 11 new locations, including: Logan, Missouri Valley, Neola, Council Bluffs, Treynor, Silver City, Henderson, Pacific Junction, Malvern, Randolph, and Sidney.
On September 1, 2014, United Western Coop (UWC) merged with Heartland Co-op adding locations in Moorhead, Dunlap, River Sioux, Mondamin, Woodbine, Modale, and Missouri Valley.
August 1, 2016, Consolidated Grain and Barge Co. (“CGB”), a wholly owned subsidiary of CGB Enterprises, Inc., entered into an agreement to lease its Wever, Iowa facility to Heartland Co-op. The agreement was finalized on July 8th, and Heartland Co-op began operating the facility on August 1st. 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.
In summary, there have been many changes as we reflect upon the past. We expect this trend to continue, but at a much faster pace. Heartland Co-op will do its best to meet and exceed their members' and customers' expectations.