Ag Plus LP and ChromaSource, Inc. today announced plans to expand their respective local operations, which will involve the companies investing a combined $3.327 million and creation of up to 23 new jobs in 2015.
Ag Plus, a farmer-owned cooperative based in South Whitley, is establishing a joint venture with St. Paul, MN based CHS (NASDAQ: CHSCP, CHSCO, SHSCN) to build and operate a liquid fertiliser facility near Columbia City.
"We are pleased to partner with the nation's leading farmer-owned cooperative to establish Briggs Crop Nutrients in Whitley County," said Ag Plus CEO Jeff Mize, "Our new, larger, and more efficient facility will give area growers better overall fertiliser service and options."
Based near Columbia City, ChromaSource is a nationally recognised manufacturer of colour systems and colour cards. The company is adding nearly $1 million in equipment to expand its production capacity.
"We continue to see significant opportunities to grow our company," said ChromaSource CEO Jason Brooks, "We've expanded our company's capabilities since our equipment investment in 2013, and with this opportunity we can continue advancing those capabilities to meet the increased demands of our customers worldwide."
Both companies were recognised by the Whitley County Economic Development Corporation (EDC), as Whitley County Architects in 2013 for their substantial contributions to the community’s economic growth.
"We are focused on supporting growth oriented companies like Ag Plus and ChromaSource," said EDC president Alan Tio, "This means finding the right tools in the EDC Toolbox for client companies at every stage of business."
Since 2000, Ag Plus LP has invested nearly $15 million in upgrades to facilities in Churubusco, Peabody, Raber, and South Whitley. In 2009, the company partnered with North Central Co-op to establish Synergy Feeds LLC, investing $2.7 million to construct a state-of-the-art feed mill at the company's South Whitley location. In 2010, the company invested $1.7 million to upgrade the Raber Ag Centre, expanding grain storage capacity, improving agronomy capabilities, and constructing a new office facility.