At the 2018 event, ARA bestowed its highest honor, the Jack Eberspacher Lifetime Achievement Award, upon Larry Yargus.
“ARA sincerely appreciates Larry’s involvement and Yargus Manufacturing’s longtime support of ARA,” said ARA president and CEO Daren Coppock. “Beyond membership, Larry and his team have been active on several ARA committees, generous supporters of ARAPAC, sponsors of the Rising Stars program and engaged in countless other activities. It is a pleasure to work together, and I consider Larry a friend.”
Larry’s father, Lloyd Allen Yargus, founded Layco in 1968 as a conveyor repair and reconditioning shop that also built truck bumpers for area farmers and fertilizer dealers. Layco’s product line developed to include fertilizer blending and conveying systems. More than 20 years ago, Larry acquired Layco. He changed the company’s name to Yargus Manufacturing Inc. and developed the business into one of the most respected manufacturers in the material handling industry.
Today, the Yargus Manufacturing complex in Marshall, Ill., covers six acres with 150,000 square feet for sales, engineering and manufacturing. The company ships Layco equipment all over the world for fertilizer and other material handling uses. Over the years, it has become a sought-after equipment supplier because of its unique ability to successfully custom-design and manufacture equipment to meet customers’ needs. Larry’s three daughters—Anne Sheehy, Kate Shaffer and Meg Yargus—are now integrally involved in the company’s operation. In 2016, Yargus was acquired by Ag Growth International.
Established in 2001, the lifetime achievement award was renamed in 2010 after Jack Eberspacher, who served as ARA president and CEO from 2001 until his death in 2009. The award recognizes career-spanning achievements in and contributions to the industry.
Past recipients of the Eberspacher Award include Tip O’Neill, International Raw Materials; Dave Downey, professor emeritus at Purdue University; Richard Gearheard, retired president and CEO of Agrium Retail; Ford B. West, former president of The Fertilizer Institute; Jim Thrift, former vice president of regulatory affairs and corporate relations for ARA; Bill Griffith, founder of AgriCenter; and Al McQuinn, founder, former chairman and CEO of Ag-Chem Equipment Co.