News > Articles > CVA announces purchase of Agrex Inc. facility in Laurel, Neb.

CVA announces purchase of Agrex Inc. facility in Laurel, Neb.

Apr 21, 2020

(York, Neb.) Central Valley Ag Cooperative (CVA) has announced it is purchasing the Agrex Inc. shuttle loader facility located in Laurel, Neb. CVA will take over ownership of this Agrex facility effective May 12, 2020.

“This purchase of this asset will allow CVA to provide more diverse cropping and marketing opportunities to our patrons in northeast Nebraska,” said Casey Potter, Senior Vice President of Grain at CVA. “It will also allow CVA to have more competitive access to rail markets for other CVA assets in the area.”

The 110-car BNSF shuttle loader facility consists of 1.6 million bushels of upright bin space and 1-million-bushel bunker space as well as a loop track for rail loading.

“Bringing this asset into CVA’s operation allows patrons access to our full slate of traditional and non-traditional marketing solutions for their grain,” said Potter.

AGREX INC.
Agrex Inc. is a well-known player in the U.S. and international grain markets, with twelve locations and nearly 150 employees, as well as several joint ventures that add to its network of grain origination areas. The role of Agrex in the grain, feed and food ingredient value chains allows the company to work closely with producers to market their grain to end-users and manufacturers worldwide. More information about Agrex Inc. can be found by visiting  www.agrexinc.com.
 
Central Valley Ag
Central Valley Ag is a farmer-owned cooperative headquartered in York, Neb. CVA has locations in Iowa, Kansas, and Nebraska. CVA is an innovative leader providing products and services in grain, agronomy, feed, and energy. You can find more information about Central Valley Ag by visiting www.cvacoop.com.
 
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Media Inquiries:
                Tom Palmertree, SVP Marketing
                888-343-0323
               tom.palmertree@cvacoop.com


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