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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
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
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
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
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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