Company News: Page 25

Prestige Feed Products closes after years of odor complaints in Mount Prospect, Illinois

A settlement ends manufacturing at the Mount Prospect plant by year-end, easing long-standing community concerns over persistent odors.

Brand Insights

Thermal Performance and Gearbox Selection for Grain Handling Applications

SEW-EURODRIVE, Inc.

SEW-EURODRIVE’s Austin Burdette discusses heat challenges in grain handling gearboxes and how proper thermal management can reduce downtime and extend equipment life.

Thermal Performance and Gearbox Selection for Grain Handling Applications

Business & Markets

Conagra Brands reports Q2 loss amid goodwill impairments, reaffirms fiscal 2026 guidance

Conagra Brands reports a $664 million loss driven by goodwill impairments but remains confident amid ongoing cost pressures and strategic investments.

NC State University and Railinc partner to optimize freight rail usage through data

New research aims to shift shipments from trucks to rail, cutting costs and emissions while improving infrastructure planning.

Mergers & Acquisitions

GrainCorp to sell GrainsConnect Canada amid challenging market conditions

GrainCorp announces sale of underperforming GrainsConnect Canada after a challenging harvest.

Business professionals shaking hands in formal meeting setting

The Andersons unveils growth plan targeting $7 EPS by 2028

The Andersons outlines strategic investments and dividend increase to drive shareholder value.

CHS elects new board leadership

The cooperative also elected a 16-member nominating committee tasked with identifying candidates for future board positions.

Five businessmen in suits standing together in an office setting

Animal Feed Manufacturing

How Cargill uses digital tools to improve animal health, productivity

Guillaume Smeets, Cargill Animal Nutrition and Health’s senior vice president, strategic marketing and technology, explains how artificial intelligence contributes to the growth of the company’s feed and additives portfolio.

Industrial technician with safety helmet interacting with digital innovation interface

Elanco restructuring to affect 600 positions across the company

The company said 300 jobs would be eliminated, and 300 would be shifted to other areas or locations.

Compeer Financial opens applications for $210,000 in agriculture scholarships

Program to award 105 scholarships to rural and urban students pursuing agricultural futures.

Canadian Foodgrains Bank and Bunge celebrate decade of partnership

Collaboration provides land around terminals across western Canada for volunteer farming projects.

Compeer Financial opens $2,000 scholarships for rural and urban students in Illinois, Minnesota and Wisconsin

Program awards 105 scholarships to high school seniors pursuing agriculture-related studies.

Evonik names new president for the Americas region

Elias Lacerda will succeed Guido Skudlarek, who recently became global head of Evonik’s U.S.-based health care business line.

Professional businessman in gray suit and white shirt smiling in office setting

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