Sunday, March 17, 2013

Wisconsin company buys Riverland Ag facilities

A Wisconsin company known for its specialty malts in the American craft beer industry is acquiring grain storage and seed processing facilities in Ralston and Powell. Briess Malt and Ingredients is buying Riverland Ag Corp.'s Wyoming facilities under a deal in which Briess will own the assets but Riverland will continue to operate the barley program for the next three years. Briess president Gordon Lane says the quality and consistency of the regional barley crop attracted the company to the area. According to its website, Riverland Ag owns and operates 15 grain storage facilities in Minnesota, North Dakota, Wisconsin, Wyoming, New York and Ontario.

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