AGSPRING announced Jan. 7 the formation of Big River Rice & Grain, a new grain storage and merchandising entity operating in Louisiana.
As part of the formation of the entity, Agspring also announced the acquisition of Tubbs Rice Dryers and Raley Brothers, two established agribusinesses located in northeastern Louisiana.
"We are excited about what our presence as part of the Agspring family will mean for our producer clients and partners in Louisiana," said Larry Tubbs, Big River chief executive officer. "Our desire is to provide excellent operating infrastructure and a stable partner who is committed to handling transactions quickly."
Big River will feature expanded operations, including a new barge loader and expanded overall capacity.
Operations will continue to be managed locally, while Big River will benefit from corporate support, national supply chain planning and financial backing from Agspring, which is headquartered in Kansas City, Mo.
"We have to think globally but, at the same time, bring concrete benefits to the farmer down the road," Agspring president Brad Clark said.