The shareholders of Lincoln Land FS, Inc., headquartered in Jacksonville, IL, and Two Rivers FS, Inc., headquartered in Rushville, IL, have approved the merger of their two companies effective December 1, 2013.
The new company – Prairieland FS, Inc. – will be headquartered in Jacksonville. Keith Hufendick, formerly manager of Two Rivers FS has been named CEO, while Matt Busby, formerly manager of Lincoln Land FS, has been named chief operating officer.
In addition, Joe Pickrell, Buffalo, IL, has been named President of the newly formed company, and Chet Esther, Frederick, IL, has been named Vice President. The combined entities recorded $300 million in sales for the most recent fiscal year ended July 31, 2013.
Prairieland FS is a full-service cooperative providing agronomy, energy, facility planning and logistics products and services, as well as grain marketing to farmers and other customers in Adams, Brown, southwest portion of Fulton, Menard, Morgan, Pike, Sangamon, Schuyler and Scott counties in Illinois as well as four counties in Northeast Missouri.
Source: GROWMARK news release