Ardent Mills Obtains Rights from Cargill, Incorporated to Operate Grain Elevator at Port of Albany

Denver, CO, March 26, 2018 –Ardent Mills, the premier flour-milling and ingredient company, shared today that it has finalized an agreement to operate the Cargill, Incorporated grain elevator located at the Port of Albany, adjacent to Ardent Mills’ Albany, New York, community mill. The approximately 11-million bushel elevator historically has been used to store wheat and other grains. The details of the transaction were not disclosed.

According to Ardent Mills Albany Plant Manager Sean Gager, the Albany elevator and associated equipment will add to its capabilities to serve bakeries, food manufacturers, foodservice and retailers across the region, and will support Ardent Mills’ vision of being the trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions. Six existing team members will join Ardent Mills team.

“Obtaining the rights to operate this grain facility is consistent with our strategies for growth and our desire to help our customers win,” said Gager. “There is a strong team in place at the elevator, and we are pleased to have them join Ardent Mills. We expect a very smooth transition as we serve our East Coast regional customers and ultimately consumers with safe, nutritious grain-based products. We are excited about the future for our community mill in combination with this new elevator. We’re confident we can leverage these assets going forward to support innovation and supply chain efficiencies.”

About Ardent Mills

Ardent Mills is the premier flour-milling and ingredient company whose vision is to be the trusted partner in nurturing its customers, consumers and communities through innovative and nutritious grain-based solutions. Ardent Mills’ operations and services are supported by more than 40 flour mills and bakery-mix facilities along with a specialty bakery, the Ardent Mills Innovation Center and Mobile Innovation Center, all located in the U.S., Canada and Puerto Rico. Deeply rooted in communities throughout North America, Ardent Mills is headquartered in Denver, CO and employs more than 100 certified millers, supporting thousands of local jobs and contributing billions of dollars to local economies. To learn more about Ardent Mills, visit ardentmills.com.