Member Article

Carlisle agricultural firm make £0.6m US acquisition

Carlisle-based Carrs Milling Industries plc has acquired US feed block manufacturer, Western Feed Supplements for £0.6m.

The purchase was made by Carrs’ US subsidiary, AFS Inc, and will see Carrs invest in Western Feed Supplements’ Nevada production facility.

At the same time, Carrs has also announced a new UK production facility to be built in Lancashire, which will begin operation in July.

The plant will manufacture the firm’s AminoMax feed product which has enjoyed success in the US where it is produced at the Group’s plant in Watertown, New York State.

Tim Davies, chief executive of Carr’s, commented: “The acquisition of Western Feed Supplements is a natural strategic step for Carr’s which follows our success in the USA feedblock market. WFS extends our geographic coverage in the USA in the low moisture tubs market and we expect to grow our market share in the feedblock business.

“Carr’s has a growing international reputation for its research-based approach to developing innovative products that improve the productivity and profitability of its agricultural customers. The decision to invest in the AminoMax® plant at Lancaster is part of Carr’s strategy for continued organic growth.”

This was posted in Bdaily's Members' News section by Tom Keighley .