WASHINGTON (dpa-AFX) - Grain processor Archer Daniels Midland Co (ADM) on Wednesday announced an equal joint venture with Quality Liquid Feeds Inc for the production and sale of liquid feed supplements for livestock.
The joint venture consists of four liquid feed production facilities formerly owned by Archer Daniels - in Twin Falls, Idaho; Billings, Montana; Fremont, Nebraska; and Johnstown, Colorado - as well as the Loomix brand.
The new venture, which will be called Alliance Liquid Feeds, will serve portions of the Western United States.
Quality Liquid Feeds continues to be owned by the Berg family and will continue to market QLF-branded liquid feed supplements out of their 12 facilities in the Midwest, East and Southwest United States.
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