Pendleton Grain Growers disposes of fuel business

by Eric Schroeder
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Pendleton Grain Growers has sold its fuel business to Mid Columbia Producers.
PENDLETON, OREGON, U.S. — Pendleton Grain Growers (PGG), which earlier this year sold its grain assets to United Grain Corp. and its propane division to Morrow County Grain Growers (MCGG), on Dec. 16 said it has sold its fuel business to Mid Columbia Producers Inc. Financial terms of the transaction were not disclosed.

 

PGG is a member-owned agricultural marketing and supply cooperative serving the farming communities of Eastern Oregon and Eastern Washington.

“The PGG board of directors has been seeking a local buyer for the cooperative’s fuel assets that would continue to serve the fuel needs of our community with the level of service they received from PGG,” said Tim Hawkins, chairman of the co-op board. “As a fellow local co-op, we feel MCP is the right partner for our customers and members.”

Jeff Kaser, manager of MCP, led the purchaser's interests. The agreement covers all the existing fuel inventory, trucks and operating assets. MCP is also expected to hire current PGG employees involved in the fuel business.

“The acquisition of PGG’s fuel assets further demonstrates MCP’s competitive edge in the agricultural marketplace and allows us to serve more customers,” Kaser said. “We are thrilled to expand the fuel offerings we currently provide, both to our existing members and to potential customers throughout the communities we serve.”

In June, PGG sold its grain assets to United Grain Corp., Vancouver, Washington, U.S. The sale followed PGG’s announcement in October 2015 that it would look to divest the grain business. Earlier this month, PGG sold its propane division to MCGG
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