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Tag Archives AGI

(MyLand.ag)
Crops, Machinery & Shop

AGI to buy into soil microbe breeding firm

Machinery maker to take minority stake in MyLand

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A U.S. company ramping up a system to harvest, reproduce and restore beneficial microbes from a field’s own soils, as a way to restore peak fertility, expects to get backing soon from a Canadian farm equipment maker. Winnipeg-based Ag Growth International (AGI) said Monday it has signed a conditional letter of intent with Phoenix-based MyLand […] Read more
No injuries were reported in the collapse of a grain bin at Fibreco’s Vancouver port terminal on Sept. 11, 2020. (DNV Fire Rescue Service photo via Twitter)
Crops

‘Structural failure’ downs Vancouver terminal grain bin

Terminal owner Fibreco, bin maker AGI pledge to investigate

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The owner of a new West Coast grain and pulse crop export terminal pledges to investigate the collapse Friday of a new commercial-scale grain bin at its site. Fibreco Export Inc., a wood fibre exporter majority-owned by forest products firm Tolko Industries, said in a release Saturday that “one of our new agricultural product silos […] Read more
(Video screengrab from StartCompass.com)
Crops, Machinery & Shop

AGI buys ag business management software muscle

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Grain handling equipment maker Ag Growth Industries (AGI) plans to level up on its SureTrack farm management software platform with a deal for another Canadian player in the same business. Winnipeg-based AGI announced Thursday it has bought all outstanding shares in Oakville, Ont.-based Affinity Management Ltd., developer of the Compass brand of farm and agribusiness […] Read more
Farmobile’s PUC unit. (Video screengrab from Farmobile.com via YouTube)
Crops, Machinery & Shop

Grain equipment firm AGI takes stake in Farmobile

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Canadian grain handling and storage equipment maker Ag Growth International plans to dial up its collaboration with ag tech firm Farmobile and has taken a minority stake in the U.S. company to that end. Winnipeg-based AGI announced Tuesday it had agreed to make a “minority equity investment” of US$15 million (C$19.57 million) in Farmobile, effective […] Read more
CMC’s booth at the GEAPS 2017 show in Kansas City. (CMCiel.com)
Crops, Machinery & Shop

AGI buys bin sensor, fertilizer blending system makers

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Best known as the parent for several Canadian and U.S. manufacturers of grain handling and storage equipment, Ag Growth International is expanding its tech portfolio. Winnipeg-based AGI announced Wednesday it has bought Burnaby, B.C.-based CMC Industrial Electronics and Iowa-based Junge Control (JCI) for undisclosed sums. CMC, which formed in 1997 and has facilities at Burnaby […] Read more
(Westeel.com)
Crops, Machinery & Shop

Ag Growth to buy bin maker Westeel for $221.5M

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Grain bin manufacturer Westeel is on deck to become part of Prairie grain handling equipment company Ag Growth International’s bin of manufacturers. Winnipeg-based AGI announced Tuesday it’s signed an acquisition deal with Westeel’s owner Vicwest Inc. and Irish building materials manufacturer Kingspan Group. Kingspan said Tuesday it will buy Winnipeg-based Vicwest for $12.70 cash per share, […] Read more

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