AGP
serves both the domestic grain market and the overseas market,
with the majority of its international cargoes of soybeans and
high quality spring wheat destined for Scandinavia, Holland and
greater Europe.
In
many respects, AGP is the new kid on the block in the harbor, although
the co-op's founding members have deep roots in the region's agricultural
community. The cooperative soybean processing company began in
1983 as a joint venture between Minnesota-based Land O' Lakes,
Farmland Industries of Kansas and Iowa-based Boone Valley Cooperative
Processing Association. Shortly after its formation, the cooperative
adopted the name of Ag Processing Inc. (AGP). Corporate headquarters
are in Omaha, Nebraska.
Today,
AGP (www.agp.com) serves more than 230 local cooperatives representing
250,000 farmers throughout the United States and Canada. AGP holds
the distinction of being the largest cooperative soybean processing
company in the world, processing 15,000 acres per day at its nine
plants.
The
company is a leading U.S. supplier of refined vegetable oil, operating
three refineries. Its industrial products division is involved
in the production of corn ethanol, as well as soybean methyl ester
products marketed under the Soygold brand name.
International
operations include Masterfeeds, a leading animal nutrition company
in Canada, and Protinal/Proago, a fully integrated Venezuelan poultry
and feed company of which AGP is a major shareholder. AGP's grain
division operates the Duluth terminal, which was part of an acquisition
the company made in 1991 when it purchased the North American Ag
Products Division of International Multifoods.
Storied
history
The
AGP Duluth elevator is in the middle of Rice's Point, at the center
of the city's once-famous elevator row.
The
origins of Duluth's once-booming flour milling industry can be
traced to this site, beginning in 1889 with the opening of the
Duluth Imperial Flour Mill. Two small wooden elevators, Elevators
No. 5 and No. 4, were constructed to the west of the main mill
house.
In
those days, using a single horse to power the elevator's unloading
legs, the elevator could unload one train car a day.
As
the eastern terminus of Buffalo, N.Y., grew in prominence in the
flour milling industry, mills in Duluth and Superior were closed
and sold. In 1905 the Capitol Elevator Company of Duluth was formed
following the purchase of the Imperial Mill property. Capitol continued
to operate the two wooden elevators and leased the old mill building
to a series of tenants, beginning with Minnesota Mining and Manufacturing,
a fledgling sandpaper startup company from Two Harbors, and later
to the Patrick Woolen Milling Company.
The
Capitol Elevator Company prospered under the ownership of the McCarthy
brothers from Minneapolis and in 1916 constructed a modern concrete
head house and storage building on the east side of the property.
The new Capitol 6 and Capitol 7 elevator added 1.75 million bushels
to the operation's overall capacity. Capitol operated until 1947
before being absorbed by its largest customer, International Multifoods.
The
late 1970s would see the demise of two of the harbor's oldest elevators
when Cap 5 was razed in 1977, followed in 1978 by a spectacular
fire that demolished the timber-cribbed Cap 4 elevator. In spite
of the losses, Capitol continued to operate at the Duluth location
until 1991, when International Multifoods, as part of a strategic
realignment, sold the elevator to Ag Processing Inc.
The
Duluth elevator is still affectionately called Cap 6 by many harbor
regulars. In addition to the Duluth export terminal, AGP Grain,
Ltd. has elevators and terminals in North Dakota, Minnesota, Ohio
and Indiana, as well as terminal elevators in Atchison, Kan., and
Lincoln, Neb.
While
the faces behind the voices have changed over the years, Duluth's
AGP export terminal continues to bring the far corners of the world
together in a blend of commerce and good will.
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AGP
Elevator Timeline:
1889
Construction of Imperial Mill Elevator 5 (Wood frame).
1889
Construction of Imperial Mill Elevator 4 (Wood frame).
1905
Capitol
Elevator Company formed.
1916
Construction of Capitol No. 6 (concrete and brick).
1926
Construction of Capitol No. 7 (concrete storage silos).
1947
International Multifoods purchases Capitol Elevator Co.
1977
Cap
5 razed.
1978
Cap
4 destroyed by fire, January 21.
1978
Annex
C-1 constructed to replace old Cap 4 (concrete storage silos).
1991
Ag
Processing Inc. (AGP) purchases International Multifoods. |