Canada's Viterra buying owner of Neb., Texas mills - KTIV News 4 Sioux City IA: News, Weather and Sports

Canada's Viterra buying owner of Neb., Texas mills


SOUTH SIOUX CITY, Neb. (AP) -- A Canadian company says it's buying a Missouri-based grain processor that has plants in Texas and Nebraska.

Viterra Inc. of Calgary says it's paying $90.5 million in U.S. cash to acquire 21st Century Grain Processing, which is based in Kansas City, Mo.

21st Century has an oat mill in South Sioux City, Neb., and a wheat mill near Amarillo, Texas.

Viterra spokesman Karl Gerrand said in a news release Thursday that 21st Century "aligns well with our processing segment."

21st Century Chief Executive Lynn Rundle says the sale positions his company to continue its growth and long-term success.

The sale faces regulatory approval.

Publicly traded Viterra also has operations in Australia and New Zealand.



21st Century Grain Processing:

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