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- History Of Planters -
In 1977 a
group of ginners purchased a cottonseed oil crushing facility located
at 1021 East Fifth Street in Pine Bluff, Arkansas. This plant was organized
as a cooperative under the name of Planters Cotton Oil Mill, Inc.
Since that
time Planters has continued to diversify its markets, improve its operational
efficiencies and increase its membership base.
In 1985 Planters ventured into the whole cottonseed dairy markets. This
event was one of the major turning points in Planters history. By
the early 90s Planters was receiving 250,000 tons of cottonseed
annually from its patrons. The processing plant was able to crush 125,000
tons and the balance of the cottonseed was being shipped by rail and barge
to dairy markets throughout the United States.
In 1991 Planters made another major leap forward when it began construction
of a modern cottonseed crushing facility located at 2901 Planters Drive
in Pine Bluff, Arkansas. This was the first new cottonseed plant to be
built in over 50 years. The new plant began crushing operations in the
fall of
1993, and
was rated the most cost efficient plant in the United States according
to the most recent USDA Cooperative Cottonseed Crushing Facility Survey.
The next major turning point in Planters history was the purchase
of Cargills Whole Cottonseed Division in September of 1998. This
purchase greatly diversified Planters assets and the markets for
its patrons. This purchased included receiving, storing, and shipping
facilities in Lake Providence, Louisiana; Grand Junction, Tennessee and
Forrest City, Arkansas. It also included facilities in Winona, Minnesota
and Denver, Colorado that are used to service dairy customers in those
areas.
In the fall of 1999 Planters added to its dairy direct capabilities by
forming an alliance in Gooding, Idaho that allows shipment direct to the
dairy customers in Idaho. Planters feels that the combination of its dairy
direct assets, being the most efficient oil mill in the United States
and employing a team of people that are second to none gives Planters
a very bright and profitable future. It is Planters mission and
goal to utilize its assets in a way that returns the most economic benefit
to the patrons for a ton of cottonseed while continuing to provide service
that is beyond reproach.
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