Three Southern Co-ops Combine to Create Top 7 Agronomy Business

A new joint venture combining the wholesale and retail business of Agri-AFC, the retail business of GreenPoint AG and the wholesale agronomy business of Tennessee Farmers Cooperative has been announced by the companies.

The new venture – which will operate under the GreenPoint AG name – will be owned by three parent companies: Alabama Farmers Cooperative (AFC), Tennessee Farmers Cooperative (TFC) and WinField United.

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The combined GreenPoint AG will:

  • Be a top 7 wholesale and retail agronomy company with over $1 billion in sales
  • Operating 99 retail and wholesale agronomy locations in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Tennessee and Texas
  • Service 11 crops across 28 million acres
  • Be based in Decatur, AL, with regional offices in Memphis and LaVergne, TN.

“We recognize the rich history of our companies and the pride of ownership that exists amongst our member-owners, and we want to enter this relationship with careful thought and consideration of the impact to our farmer-owners, our customers, our member co-ops and our employees,” said Bart Krisle, CEO of Tennessee Farmers Cooperative.

“Even though we are all individually strong, it takes vision and strategic leadership to both remain competitive and to provide exceptional service to our ultimate customer, the American Farmer,” added Rivers Myres, CEO of Alabama Farmers Cooperative. “GreenPoint AG will allow us to do both.”

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Jeff Blair will lead the new business as Chief Executive Officer. He comes to GreenPoint AG from The Andersons, where he was President of the Plant Nutrient Group. He has also held leadership roles at Intrepid Potash and Orica Mining Services and was a Captain in the U.S. Army.

“I could not be more excited for this opportunity, said Blair. “The leadership teams of all three companies have built strong businesses, and I believe this new company is the right company with the right people and the right strategy to help our farmer and retail members succeed in this ever-changing world.”

Brett Bruggeman, President of WinField United and Executive Vice President of Land O’Lakes, Inc., agreed that the timing is perfect for this type of venture.

“This organization is positioned for future growth and will be relevant in the marketplace for years to come,” he stated. “GreenPoint AG will be focused on upstream market access predictability and downstream total agronomy solutions, both driven by our digital omnichannel platform.”

Based on information provided by GreenPoint AG

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