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GROWMARK, Inc. signs letter of intent to purchase assets of Huisinga Grain, Inc, and Willow Hill Grain, Inc.
Bloomington, Illinois
August 14, 2006

The Board of Directors of GROWMARK, Inc., Bloomington, Illinois, announced today the signing of a letter of intent to purchase the assets of Huisinga Grain, Inc., Casey, Illinois. and Willow Hill Grain, Inc., Willow Hill, Illinois.

GROWMARK, Inc. Chief Executive Officer, Bill Davisson says, “The decision to purchase the assets of both Huisinga Grain and Willow Hill Grain is the result of recommendations that came from a study of present and future grain dynamics across the state of Illinois. This study, conducted over a two-year period by an internal strategic task force, examined critical facets of the grain industry.”

Davisson also says, “The purchase of the assets of Huisinga Grain and Willow Hill Grain will better position the GROWMARK System to provide the services Illinois grain producers require. The purchase of these well-respected operations, and GROWMARK’s previously announced Member Partnering Program are strategic actions designed to equip the GROWMARK System in providing excellent products and services to customers, now and in the future.”

Huisinga Grain has been family-owned since 1955 and serves the counties of Cumberland, Coles, Clark, Edgar, Jasper, and Crawford from one facility located in Casey, Illinois.

Willow Hill Grain operates six facilities serving farmers in counties of Jasper, Crawford, Clay, and Effingham. Willow Hill Grain has been family-owned since 1968.

GROWMARK is a regional cooperative providing grain marketing and agriculture related products and services in the Midwest and northeastern United States and Ontario, Canada. More information is available at www.growmark.com. 
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