ILC Resources announced that it has purchased 243 Lime, the fine-grind plant of NALC LLC in Cloverdale, Ind.
This acquisition provides the central Iowa-based company with its sixth U.S. location for serving agribusiness customers with feed-grade calcium carbonate and mineral feed ingredients, as well as providing customers with industrial product applications.
“With this purchase, ILC Resources will develop a higher market presence in eastern Illinois, Indiana, Michigan, Ohio, Kentucky and West Virginia,” said Frank Goode, chief executive officer and president of the 92-year-old ILC Resources.
“We've brought together two privately owned and operated companies — one that's young and growing steadily, and one with a longtime history of success — and both possess state-of-the-art equipment and vital resources,” Goode said. “NALC LLC has developed a highly automated, world-class plant at Cloverdale, and its management team members will play leading roles at its operation as ILC Resources.”
According to Goode, ILC plans to expand the range of high-quality feed and industrial products available from the Indiana facility, giving the plant's existing feed ingredient customers access to ILC's staff nutritionist for technical expertise, the company's responsive customer service staff and the services of a knowledgeable regional sales representative.
The purchase was effective Dec. 5, 2016. Previous customers of 243 Lime will experience no changes in pricing, ordering, delivery or plant personnel at this time.
ILC Resources manufactures feed-grade calcium carbonate and distributes mineral feed ingredients to foster sound physical development and growth within animal agriculture.
Started in 1924 in Alden, Iowa, ILC Resources has additional locations in Gilmore City, Iowa; Weeping Water, Neb.; Savage, Minn., and Jasper, Mo. The company also offers ingredient transportation and warehousing.