date:May 07, 2014
. Stout said.
Plans for the acquisition were first announced March 10. The transaction will nearly triple the combined size of Milner/PFM. Once the transaction is completed, the new company will have daily milling capacity of 164,000 cwts of flour and will lag only ADM Milling Co. (281,100 cwts) and Ardent Mills (expected to have capacity of 513,600 cwts). The formation of Ardent remains subject to regulatory approval.
Based in Chattanooga, Milner Milling is a privately owned milling business