Anchor Ingredients announced this week that it has successfully acquired a grain handling facility in Hatton, North Dakota. The facility will allow the company to expand its ingredient portfolio and processing capabilities.

The Hatton facility is strategically positioned to cater to the needs of both the customers and growers of Anchor. Its location will also provide Anchor’s farm-level partners with an efficient, year-round delivery site for raw materials, ensuring a continuous supply for ingredient processing across Anchor’s network of facilities, the company said.

Further, the strategic move underlines Anchor Ingredients' dedication to enhancing and guaranteeing its supply chain capabilities to the premium pet food market.

“This acquisition represents a critical step forward for our company, enabling us to better serve our customers and growers, and further strengthen our presence in the pet food industry,” said Everett Jordan, director of operation for Anchor Ingredients.

Anchor Ingredients is partnered with The Arthur Companies of Arthur, North Dakota. The Arthur Companies business operations include grain elevators, farms, a birdseed company and other related processing assets. The company has nine locations in North Dakota and is also active in banking, real estate, research and development, venture capital and private equity opportunities.