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Closed Wisconsin Rapids grain facility gets new owner

by

WISCONSIN RAPIDS, Wis. (WSAU) -- A buyer has stepped up to purchase a closed Wisconsin Rapids grain facility.

The silos once owned and operated by Wisconsin Rapids Grain and Ruby Grain have been bought out at auction by Allied Cooperative along with two more facilities in Blair. The purchases increase Allied Cooperative's holding to 7 locations and 11.4 million bushels in capacity.

The Wisconsin Rapids silos shut down after WRG and Ruby Grain stopped paying farmers for their grain and did not renew their licenses with the state. State officials stepped in to file a default summary against Ruby Grain to the total of $75,000 to 4 banks and 13 corn farmers.

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