LOGANSPORT, Ind. — Investors and community leaders met Sept.
17 to break ground in a field that soon will be a fertilizer facility.
The facility will be a unique farmer-owned venture that will
supply fertilizer to north-central Indiana, east-central Illinois and
“I’m not aware of another project like this going on in the
U.S.,” said Jim Hedrick, president of Sagamore Ag Source. “It is all farmer
investors. It is 100-percent farmer owned, farmer controlled and independently
It will produce a new source of fertilizer, Hedrick said.
The project started two years ago when a group of farmers
saw a need for and an opportunity to create a new business model. They wanted to
build a plant that would source and provide fertilizer for the eastern Corn
After market and industry research, plans were made to start
“Currently where we are with the project is we just
completed soil borings a couple weeks ago,” Hedrick said. “We cleared the site.
We have the building tentatively laid out. We hope to have the final engineering
in about a week or 10 days.”
They hope to start construction within 30 days. The building
is expected to be completed by Dec.1 of this year.
“It will receive, store and distribute liquid and dry
fertilizer,” Hedrick said. “We’ll be storing urea, potash and diammonium
phosphate, all three very stable, nonflammable products.”
The products will be sourced from local and global
suppliers. Hedrick said that the potash could come from Canada, the phosphate
probably will come from Florida and the urea could come from as far away as the
When the facility reaches full capacity, there will be 1,600
to 2,000 trucks passing through a year, which will help the local economy, he
said. Most of the trucks will be farmer owned or from local trucking companies.
There also will be several full-time and part-time
“I think it’s going to be wonderful,” said Chris Armstrong,
community development director for the City of Logansport. “It will bring jobs
and help with economic growth. We need all of that. We need as much of that as
we can get.”
Rob Davis, a soybean and wheat farmer in Ambia, decided to
become an investor in the project this summer.
“It looked like a good investment opportunity,” he said.
“The main reason was the ability to buy our products at a cheaper rate.”