October 4, 2017
October 4, 2017
PRESS RELEASE: Pipeline Foods Acquires North Dakota Grain Elevator
Pipeline Foods LLC (www.pipelinefoods.com), the first U.S.-based supply chain solutions company focused exclusively on non-GMO and organic food and feed, today announced it has acquired a grain elevator in Lignite, North Dakota. This is Pipeline Foods' third grain elevator purchase this year as the company continues to grow its footprint in North America.
"At Pipeline Foods, our vision is to build a more sustainable supply chain in agriculture," said Eric Jackson, CEO of Pipeline Foods. "This investment in North Dakota infrastructure, accompanied by our recent grain elevator acquisitions in Saskatchewan, will provide the first primary collection point for organic grain, and the capability to connect this grain supply with food companies and manufacturers across the U.S."
Located in northwestern North Dakota, the Lignite elevator is a 3,500 metric ton (MT) facility with dual access to the Burlington Northern Sante Fe (BNSF) and Canadian Pacific railways. Lignite will supplement Pipeline Foods' storage and origination program in Saskatchewan, which will increase efficiency and allow Pipeline Foods to grow its volume and customer base in the region. Forecasted throughput for 2018 is 25,000 MT, with increasing capacity expected after initial capital investments are made.
Pipeline Foods purchased the elevator from Cenex Harvest States (CHS), which had been operating the facility to handle malting barley. "We are pleased that Pipeline Foods can continue to benefit the Lignite community with the purchase of this facility," said CHS SunPrairie General Manager Brad Haugeberg.
"The purchase of the Lignite grain elevator by Pipeline Foods is exciting for several reasons," said Dan Folske, NDSU Extension Agent for Burke County. "The elevator at Lignite is an old facility which is too small and inefficient for conventional crops in today's market, and most similar elevators have already been closed and torn down. Transitioning that facility to handling organic grains should mean that it has a viable future for years to come, with corresponding jobs and property taxes for the city of Lignite and Burke County."
Pipeline Foods has committed $300-500MM over the next three to five years to build a better, more sustainable supply chain in agriculture. The company recently announced two grain elevator acquisitions in Canada, and is actively buying all classes of organic wheat, pulses and oats.
September 28, 2017
September 20, 2017
PRESS RELEASE: Pipeline Foods Invests in Canadian Expansion
Pipeline Foods LLC, the first U.S.-based supply chain solutions company focused exclusively on non-GMO and organic food and feed, announced today the acquisition of two grain elevator facilities in Wapella and Gull Lake, Saskatchewan.
Wapella, a 3,500 metric ton (MT) facility, and Gull Lake, a 4,000 MT facility, will each serve as a primary collection point for Canadian organic grain origination in their regions (southeast and southwest, respectively). Pipeline Foods will store, screen and blend grains including barley, corn, rye, flax, lentils, oats, peas, soybeans and wheat, and then ship via truck or rail. "These investments help Pipeline Foods move quickly toward our vision of building a more sustainable organic supply chain in agriculture," said Eric Jackson, CEO of Pipeline Foods. "The Wapella and Gull Lake grain elevators place us right in the heart of Canadian organic grain production, provide a new channel for farmers to do business, and allow us to connect this grain supply with food companies and manufacturers across the U.S."
Both facilities are certified organic through Pro-Cert, which is accredited in both the United States and Canada. They are each forecasted to move an estimated 25,000 MT in 2018, with increasing capacity expected after initial capital investments are made this year.
Wapella and Gull Lake are located along the Trans-Canada Highway and the Canadian Pacific Railway, providing inbound and outbound truck and rail convenience. Pipeline's purchase of the Wapella facility includes installation of the main line rail switch, reconnecting the facility to the Canadian Pacific Railway after being out of service for over 15 years.
"We are very excited to have Pipeline Foods take over the elevator in Wapella, and about the return of trains rolling through town to pick up grain cars," said Sandy Hintz, Mayor of Wapella. "Pipeline Foods has already been very supportive of community fundraisers and projects. The addition of staff at the elevator will create more support for our local businesses, and Pipeline Foods' big investment in elevator infrastructure will create additional tax revenue for our town."
"I recently had an opportunity to tour the Pipeline Foods Facility and was impressed with the current operations and planned upgrades," said Gull Lake Mayor Blake Campbell. "Our local businesses keep our community strong, and we are very pleased to welcome Pipeline Foods to Gull Lake."
Organic grain production has grown steadily in southern Saskatchewan, largely in response to consumer demand for organic grains, and supported by the diverse crop rotation in the region. Organic cropping benefits from weed and pest control without the use of synthetic inputs due to a more diverse, longer crop rotation.
"Our expansion through these two facilities will enable Pipeline Foods to cultivate closer relationships with producers, ensure a clean and transparent supply, and ultimately offer better value for our customers," Jackson said.
Pipeline Foods is pursuing opportunities to invest $300-500MM over the next three to five years to build a better, more sustainable supply chain in agriculture. Pipeline Foods is actively buying all classes of organic wheat, pulses and oats.
September 6, 2017
PRESS RELEASE: Introducing Pipeline Foods: The First Exclusively Organic and Non-GMO Supply Chain Company Based in the U.S.
Pipeline Foods LLC, the first supply chain solutions company focused on non-GMO and organic food and feed, announced today the launch of its global operations, based in Minneapolis, Minn.With a vision to accelerate the availability of healthy and regeneratively grown food and feed, Pipeline Foods is making significant investments in assets to support growth in organic and non-GMO grains, provide professional expertise to farmers and food companies, and partner with like-minded individuals and organizations.
Though the organic food industry is fast growing and highly competitive, the majority of companies focus on specific segments or individual commodities. In contrast, Pipeline Foods specializes in a wide range of services throughout the supply chain – making it the first company positioned to support both farmers and food companies in a more holistic, transparent way.
"Pipeline Foods is eager to invest in supply chain solutions that bring value to the organic and non-GMO grain and oilseed industry," said Eric Jackson, CEO of Pipeline Foods. "We will put more profits back into the hands of the farmers, create dependability and transparency for food companies, and offer unique investment opportunities for financial partners."
In support of the broader team in Minneapolis and as part of its commitment to establish a local presence in all markets in which it operates, Pipeline Foods has also established regional headquarters in Winnipeg, Canada; and Buenos Aires, Argentina. Collectively the global team currently numbers over 40 employees. "In order to capitalize on the opportunity to invest $300-500MM in this sector over the next 3-5 years, we must have a strong team in all operational areas. Having been in agriculture for almost 35 years, I have been very impressed with the quality of the individuals we've recruited to participate in our important mission," said Jackson.