Total Seed Production (TSP) announces it has officially finalized the acquisition of a soybean facility in Windfall, Ind., formerly owned by Bayer. The strategic move significantly increases TSP’s operational footprint and capacity within the region.
Located just 14 miles from TSP’s headquarters in Tipton, Ind., the new site is expected to significantly boost the company’s production capabilities. With the new addition, TSP will now operate four independent conditioning lines and five packaging lines across its two locations.
“The TSP family is excited for the endless flexibilities and opportunities this expansion will offer to all the brands we service, which will help drive their growth,” says Aaron Conaway, Total Seed Production president, in a statement when the decision was first announced.
The expansion is set to enable a fourfold increase in TSP’s soybean conditioning capacity. Furthermore, by shifting soybean operations, the company can open up existing capacity at the Tipton location to focus more on its seed corn services.
“This expansion will serve as our generation’s most significant milestone to date,” says Ryan Campbell, vice president. “We will be adding exponential flexibility to our true bulk capabilities and have the opportunity to work with more area growers to strategically expand our soybean business.”
For Bayer, the decision to divest the Windfall facility is part of a broader effort to optimize its Crop Science business. A Bayer spokesperson told AgWeb that while the decision was difficult, it positions the company for future success and improved operational efficiencies.
“We’ve been working hard to adapt our strategies across our Crop Science business to better serve our customers and support our business,” a Bayer spokesman says. “As part of that effort, we’ve explored ways to optimize our soybean seed production to match market demand and improve operational efficiencies. We remain committed to delivering high-quality soybean seed and service to our customers across the U.S.”
