Source: Growmark, Inc. via AgPR.com

Regional cooperative Growmark, Inc. has signed an agreement to acquire three fertilizer storage terminals currently owned by CF Industries. The facilities, located in Albany and Mapleton, Ill., and St. Louis, Mo., will be used by Growmark to serve the needs of the organization's retail customers that provide fertilizer to farmers. A Growmark subsidiary will purchase the Cincinnati, Ohio, terminal, also currently owned by CF.

The transaction is expected to close in January.

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