GFM Network News


(MyLand.ag)

AGI to buy into soil microbe breeding firm

Machinery maker to take minority stake in MyLand

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

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)

‘Structural failure’ downs Vancouver terminal grain bin

Terminal owner Fibreco, bin maker AGI pledge to investigate

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


(Video screengrab from StartCompass.com)

AGI buys ag business management software muscle

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

Farmobile’s PUC unit. (Video screengrab from Farmobile.com via YouTube)

Grain equipment firm AGI takes stake in Farmobile

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

CMC’s booth at the GEAPS 2017 show in Kansas City. (CMCiel.com)

AGI buys bin sensor, fertilizer blending system makers

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


(NecoUSA.com)

Grain equipment firm AGI buys into dryer market

The Winnipeg parent firm for grain bin, auger and conveyor brands such as Westeel, Twister, Westfield, Wheatheart and Batco has bought its way into the grain dryer and stationary grain handling businesses. Ag Growth International (AGI) announced Tuesday it has bought up all shares in a Nebraska-based competitor, Global Industries, for US$100 million — a

(Westeel.com)

Ag Growth to buy bin maker Westeel for $221.5M

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,