“This arrangement allows both companies to work toward providing long-term value to the producers in southeast Iowa,” said Steve Burbrink, director of business development at CGB. “Heartland is a highly respected organization with whom we look forward to working with.”
The agreement was finalized on July 8, and Heartland Co-op will begin operating the facility on Aug. 1. CGB said it 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, Iowa, U.S., this agreement is a great complement to our initiatives in the region,” said Tom Hauschel, Heartland Co-op’s chief executive officer and general manager. “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.”
CGB Enterprises, Inc., headquartered in Mandeville, Louisiana, U.S., operates nearly 100 grain facilities across the U.S. 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.
Heartland Co-op is a full service cooperative with core businesses in grain, agronomy, fuel, and feed. Headquartered in West Des Moines, Iowa, U.S., Heartland Co-op operates 71 locations across Iowa.