Growmark acquires Seneca, Ill., fertilizer terminal

Bloomington, Ill.-Growmark Inc. and George Lamb have entered into an agreement whereby Growmark will acquire Lamb’s Seneca Terminal at Seneca, Ill. Details of the transaction, announced by Growmark Jan. 7, were not disclosed. The acquisition includes 45,000 st of dry fertilizer storage, dock, and acreage. Growmark plans to add liquid nitrogen storage at the site. Rod Wells, director, agronomy sales and operations for Growmark, said the acquisition will enable Growmark to sustain its ability to supply fertilizer products to local FS companies and other customers throughout the region into the future, expand storage capacity, and expand product offerings from Seneca with the addition of nitrogen solution storage. “This acquisition is a strategic location for our member cooperatives and other customers,” said Wells. “With this addition, we can better serve the needs of our customers while investing in one of our core businesses. Our customers can have the confidence that Growmark will be at Seneca long into the future to competitively supply their product needs.”