Tipton Farmers Cooperative, Covington, Tenn., and Memphis-based GreenPoint AG LLC announced in early August that they have successfully consolidated their operations. The merger was first reported in December 2018, when Tipton and GreenPoint signed a letter of intent to combine all operations under the GreenPoint name.
“We officially welcome Tipton Farmers Cooperative as we come together as the GreenPoint AG family,” said Tim Witcher, President/CEO of GreenPoint AG. “The rich legacy, expertise, and professionalism that Tipton Farmers Cooperative brings is a perfect fit with the culture that comprises GreenPoint AG. The joining of our two businesses advances our strategy for growth, and we’re excited for our future.”
Chartered in 1935 and originally named the Tipton County Supply Association, Tipton Farmers is a farmer-owned supply co-op that serves customers in the southwestern corner of Tennessee. The business offers retail agronomy and fuel products and services, as well as a cotton gin and car care center from its Covington location, with a second retail agronomy center in Halls, Tenn.
“The shared core values of both organizations focused on the success of the grower presents a wealth of possibilities to serve the ever-changing needs of our customers,” said Joey Caldwell, Tipton General Manager.
GreenPoint Ag said the merger gives it a presence in Tennessee and builds on the company’s “large southern retail ag business” by leveraging the “strong reputation and service model” built by Tipton in its core trade area. GreenPoint currently operates 54 agronomy locations in Arkansas, Kentucky, Louisiana, Mississippi, Missouri, Texas, and now Tennessee.
GreenPoint AG was formed in 2012 (GM Aug. 13, 2012) as an agronomy joint venture between Tennessee Farmers Cooperative, La Vergne, Tenn., and Winfield Solutions LLC, a wholly-owned subsidiary of Land O’ Lakes Inc. The farmer-owned company expanded in 2014 by adding the agronomy business of Farmers Inc., Greenville, Miss., with locations at Greenville, Miss., and Rolling Fork, Miss. (GM Aug. 11, 2014).