GFM Network News


‘Structural failure’ downs Vancouver terminal grain bin

Terminal owner Fibreco, bin maker AGI pledge to investigate

Reading Time: 3 minutes The owner of a new West Coast grain and pulse crop export terminal pledges to investigate the collapse Friday of a new commercial-scale grain bin at its site. Fibreco Export Inc., a wood fibre exporter majority-owned by forest products firm Tolko Industries, said in a release Saturday that “one of our new agricultural product silos […] Read more

AGI buys ag business management software muscle

Reading Time: 2 minutes Grain handling equipment maker Ag Growth Industries (AGI) plans to level up on its SureTrack farm management software platform with a deal for another Canadian player in the same business. Winnipeg-based AGI announced Thursday it has bought all outstanding shares in Oakville, Ont.-based Affinity Management Ltd., developer of the Compass brand of farm and agribusiness […] Read more


Grain equipment firm AGI takes stake in Farmobile

Reading Time: 2 minutes Canadian grain handling and storage equipment maker Ag Growth International plans to dial up its collaboration with ag tech firm Farmobile and has taken a minority stake in the U.S. company to that end. Winnipeg-based AGI announced Tuesday it had agreed to make a “minority equity investment” of US$15 million (C$19.57 million) in Farmobile, effective […] Read more

AGI buys bin sensor, fertilizer blending system makers

Reading Time: < 1 minute Best known as the parent for several Canadian and U.S. manufacturers of grain handling and storage equipment, Ag Growth International is expanding its tech portfolio. Winnipeg-based AGI announced Wednesday it has bought Burnaby, B.C.-based CMC Industrial Electronics and Iowa-based Junge Control (JCI) for undisclosed sums. CMC, which formed in 1997 and has facilities at Burnaby […] Read more


Grain equipment firm AGI buys into dryer market

Reading Time: 2 minutes The Winnipeg parent firm for grain bin, auger and conveyor brands such as Westeel, Twister, Westfield, Wheatheart and Batco has bought its way into the grain dryer and stationary grain handling businesses. Ag Growth International (AGI) announced Tuesday it has bought up all shares in a Nebraska-based competitor, Global Industries, for US$100 million — a […] Read more

Ag Growth to buy bin maker Westeel for $221.5M

Reading Time: 3 minutes Grain bin manufacturer Westeel is on deck to become part of Prairie grain handling equipment company Ag Growth International’s bin of manufacturers. Winnipeg-based AGI announced Tuesday it’s signed an acquisition deal with Westeel’s owner Vicwest Inc. and Irish building materials manufacturer Kingspan Group. Kingspan said Tuesday it will buy Winnipeg-based Vicwest for $12.70 cash per share, […] Read more