Horizon Milling To Invest In Saginaw Facility
SAGINAW, Texas, April 30, 2012 /PRNewswire/ -- Horizon Milling announced today that it will invest in its Saginaw flour milling facility, the largest flour mill in Texas, to enhance milling efficiencies and capabilities. Pending the receipt of all civil and regulatory approvals, the project is slated to begin this summer and be completed in summer 2013. Employees celebrated the internal kick-off of the project with a ceremonial "shovel dig" on April 26. That afternoon, the Horizon Milling leadership team marked the occasion by participating in a local Habitat for Humanity project.
According to Dan Dye, Horizon Milling president, the project underscores Horizon Milling's commitment to building a long-term future in Saginaw. "This will be the largest facility project in Horizon Milling history to date," said Dye. "This facility upgrade and modernization will enable us to improve our efficiencies and capabilities as we serve a growing market in the U.S. southwest."
The project includes the replacement of two existing hard wheat milling units with two new, state-of-the-art units, thereby increasing milling efficiencies and capabilities. A new processing building will be constructed to house the new milling equipment, which includes the latest in technology, automation and process controls. To make room for this new addition, there will be some demolition and relocation of existing structures, expected to begin in June 2012.
In addition, the project will expand flour storage space by 8,000 cwts, increase temper storage by 10,000 bushels, and add an additional storage bin for wheat midds. Cleaning house equipment also will be upgraded."Our Saginaw mill helps serve Dallas/Fort Worth, the fourth most populated metropolitan area in the United States," said Jon Cozad, facility manager. "As our customers' businesses grow, we want to grow with them and contribute to their success. Our whole team is really enthusiastic about this project." Cozad added there will be no interruption of supplies to customers during the project. About Horizon Milling, LLC A leading U.S. flour miller, Horizon Milling, LLC is a joint venture between CHS Inc. ( www.chsinc.com) and Cargill, Incorporated. Horizon Milling combines the expertise of a global food ingredients manufacturer with the supply assurance capabilities of a national, farmer-owned cooperative to provide customers with innovative, flour-related product and service solutions. For more information, visit http://www.horizonmilling.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV