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Greenfield Holdings Closes Acquisition of Grain Elevators from Agspring.

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Vincent

MANews-(C)2009-2021

US-based agricultural infrastructure company Greenfield Holdings, LLC has completed the acquisition of four key assets (Lake Providence, Parkdale, Crowville, and Dunn) located in Louisiana and Arkansas from subsidiaries of US-based agricultural holding company Agspring, LLC, the company said.

As part of this acquisition, which has closed, Greenfield is further developing its plans to build the country's foremost integrated grain platform.

With its operations centered in the Louisiana area, Greenfield will look to create new jobs and maintain current local jobs while significantly improving the ability of farmers across Louisiana and Arkansas to sell their grain in global markets.

Greenfield's integrated distribution and logistics network will also include a project to construct and operate the first export grain elevator built in the US Gulf in over 40 years it will be the safest, cleanest, and most efficient facility ever built in the region.

Led by the Lake Providence Mississippi River asset located in Louisiana, these acquisitions will enable Greenfield to help US...

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