The Hancock-Henderson Quill, Inc.
CGB Enterprises, Inc. (CGB) and Twomey Company (Twomey) have announced that CGB has purchased the grain and fertilizer assets owned by Twomey Co.
These assets consist of 8 locations, one of which is a barge loading terminal near Gladstone.
The total storage capacity is 51 million bushels as well as 18,000 tons of liquid fertilizer capacity.
These facilities will add additional loading capacity on the Mississippi River for CGB.
Twomey Company, headquartered in Smithshire, is a successful family owned third generation grain and fertilizer company that provides CGB with well-maintained assets and a solid customer base in northwestern Illinois.
According to John Twomey, customers, all the services and employees are remaining the same, right down to the equipment and trucks. John and Craig will still be managing the operation at Smithshire, and they will still be supporting the community as in the past.
John said the change took place on November 21st, and customers would not be aware except the name will now be CGB-Twomey Group.
"We were looking for a company that had the same values and customer service and support as we have had, and would retain our employees," John said. "We met several times and believe we have found that in CGB, and they have expressed like-support for our local businesses."
John said the Twomey Foundation will grow even bigger and is separate from Twomey Co. "It will not change but will be able to help the community even more."
The Twomey foundation is still under two generations of Twomeys who will continue giving back to the communities that have helped them grow.
CGB's headquarters are located in Mandeville, Louisiana.
From its humble beginnings in 1970 with only 3 employees in St. Louis, Missouri, they now operate over 70 grain facilities with over 1400 employees, a soybean processing plant, logistics, stevedoring and marine services, wholesale fertilizer marketing, financial services, crop insurance and farmer marketing services.
For more information on CGB Enterprises and its divisions, please visit www.cgb.com.
Twomey Company was founded by V. T. Twomey in 1945 when he purchased a small wood frame elevator from Davis Grain Company. It had a storage capacity of 45,000 bushels.
In 1954 the first grain storage warehouse was built with a capacity of 65,000 bushels. In 1956 the wood framed elevator and office were destroyed by fire and were replaced by a concrete elevator holding 180,000 bushels.
In 1961 V. T. Twomey died and his children continued the business. The company has since grown from a single location in Smithshire with storage capacity of 600,000 bushels in 1961 to eight grain handling and storage locations with a total storage capacity is 51 million bushels as well as 18,000 tons of liquid fertilizer capacity. .
In 1972 a barge loading facility was added at the Mississippi River west of Gladstone in Henderson County giving Twomey Company the ability to ship grain by barge. The headquarters for Twomey Company has remained in Smithshire where the Company was founded.
Today Twomey Company operates seven grain elevators located at Smithshire, Larchland, Yorkwood, Media, Suez Twp, Gladstone Bluff, Little York, and Twomey Landing (River) in IL to serve the marketing, drying and storage needs of our customer.
The company operates a fluid suspension fertilizer plant, provides custom spraying, crop scouting, and crop inputs. Twomey Company is also a Wyffels Hybrids seed corn dealer and a Stine seed bean dealer.
The Company is a member of the National Grain and Feed Association, Illinois Grain and Feed Association, Grain Elevator and Processing Society, Illinois Fertilizer and Chemical Association, and the Ag Retailers Association.