Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States
Growmark, Southern States to combine

Growmark, Southern States to combine

Growmark will assume wholesale agronomy and energy assets of Southern States, along with several retail locations.

Two cooperatives are joining forces. Growmark, Inc., headquartered in Bloomington, Illinois, and Richmond, Virginia, based Southern States Cooperative plan to close on a transaction Sept. 1, 2020, to align the organizations.

Growmark will assume the wholesale agronomy and energy (fuels and propane) assets of Southern States, along with several retail locations serving farmers in Delaware and Maryland. Growmark will provide crop inputs, fuels, propane, and a variety of customer support and marketing services to Southern States and its member cooperatives.

“Growmark’s vision is to be the best agricultural cooperative system in North America, and this partnership enables our organizations to further that goal together,” said Growmark CEO Jim Spradlin. “We are committed to delivering an unsurpassed customer experience to the patrons we serve across North America. The cooperative model is uniquely positioned to deliver that, so this combination of efforts is great news for farmers invested in our cooperative organizations."

Jeff Stroburg, President and CEO of Southern States added, “Growmark is recognized as one of the premier cooperatives in the nation and Southern States is excited to partner with them in strengthening our capabilities to serve our customer-owners and our member cooperatives."

Growmark is an agricultural cooperative with annual sales of $8.7 billion in fiscal year 2019. It provides agronomy, energy products and services, as well as grain marketing and a variety of support services throughout North America. Growmark owns the FS trademark, which is used by affiliated member cooperatives.

Southern States Cooperative serves retail and wholesale outlets across 21 states, providing a wide range of farm inputs including fertilizer, seed, livestock feed, pet food, animal health supplies, petroleum products, and various other items for the farm and home.

Source: Growmark, Southern States Cooperative, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

 

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish