Farmer-owned agriculture firm Landus Cooperative said Monday that it is planning to build a new 400,000-tn mill in Yale, IA as part of its newly-unveiled strategic plans to build up its swine and beef feed business.
“Our customers know we’ve been working for the last two years to identify the right time and place for a new mill,” Mark Cullen, chief animal nutrition officer for Landus Co-op said in a press release. “Area swine and beef production is one the rise and, thanks to our state’s livestock customers, our feed mill business is performing well and has the resources to expand.”
The firm also plans to upgrade the receiving capabilities and storage capacity at its grain facility in Yale, which is adjacent to the site of the new mill.
The second part of the two-phase strategic plan involves “other feed projects” in the 26 counties that the cooperative has a presence in. Specific projects will be announced at a later date, according to the firm.
“As an independent livestock producer, I am excited to share that Landus Cooperative is engaging with strategic partners at key locations in and around our territory to meet growing demand from our livestock producers,” said Kim Carlson, president of the board, in a statement. “As our new CEO, Matt Carstens, joins our team, we will advance our partnerships with key livestock industry players to leverage member equity and elevate the value of every acre in our territory.”
Landus Co-op announced last October that it was “mutually parting ways” with its then-chief executive officer Milan Kucerak. CFO Mark Miner became interim CEO while the company conducted an internal and external search for a new candidate to fill the role.