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Cargill To Acquire Burris Mill & Feed Inc.

Monday, March 1, 2004

MINNEAPOLIS, U.S. " Cargill Animal Nutrition today announced that it has signed a purchase agreement for the assets of Burris Mill & Feed, Inc. in Franklinton, La., U.S.

“Aquaculture is the primary focus of Burris Mill, and Cargill intends to increase its presence in this industry,” said John Peppel, vice president of Cargill Animal Nutrition.    Cargill manufactures aquaculture products primarily in Latin America and Asia, with some production in several U.S. locations.

The appeal of selling to Cargill came from a desire “to join a company with the resources of Cargill so that we can see the Burris brand continue to grow,” said David Burris, president of Burris Mill & Feed, Inc.  “This will take Burris Mill to a new level for our customers.”  David Burris operates the business with his brother, Bob, who is vice president and secretary of Burris Mill & Feed, Inc.

Cargill will continue to use the Burris brand in the future, which is known for customized services and innovation.  David and Bob Burris will remain with the business as Cargill employees.

“Burris has a strong brand and loyal customers,” Peppel said.  “Combining with Cargill will help bring new products and innovations to those customers.   We are excited to be able to work with the Burris brothers and their team in Franklinton.”  
                                                                  

Cargill Animal Nutrition is a global leader in animal feed and technology.  Cargill Animal Nutrition is a business unit of Cargill, an international provider of food, agricultural and risk management products and services.  With 101,000 employees in 60 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed.  For more information, visit  www.cargillanimalnutrition.com and www.cargill.com.

Founded as a dry good store serving rural Southeast Louisiana in 1898, the Burris Family of companies continues to build upon the legacy of providing value to its customers by offering the highest quality product backed with impeccable service. With this philosophy ingrained within each generation the companies have flourished by varying product lines to meet customer needs. Meeting the needs of quality feed for rural Louisiana's budding dairy industry in 1945 lead the family to establish Burris Mill & Feed, Inc.  Visit Burris Mill & Feed at www.burrismill.com.

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