Texas ranch sells for $300-million

Nov 03, 2021

In a sale valued at US$240-million (~CDN $300-million), a Texas ranch was sold, including land and industrial assets, featuring 31,000 acres in Milam and Lee counties.

Known as the Sandow Lakes Ranch, the property included the site of the former Rockdale smelter, permanently closed in 2018.

Completed on October 29, 2021, the transaction included improved pasture lands, ag properties and industrial assets, purchased by SLR Property I, LP, an affiliate of a Texas real estate enterprise.

The property was owned and sold by Alcoa Corporation who since purchasing the land, have worked with tenants to create economic development opportunities.

Alcoa received US$230-million in cash, noting that it had taken six years to get to this point after performing significant agricultural land improvements, adding water development and solar components, as well as intermodal, tech and other industrial capabilities that apparently SLR found most agreeable.

Video: Beyond the Kernel: How Horning Builds Better Forage & Grain Processing | Part 2 with Leon Horning?

In Part 2 of our conversation with Leon Horning of Horning Manufacturing, we dig deeper into the technology behind better forage and grain processing.

Leon shares insights into kernel processing and KP scores, processor roll design, high-moisture corn, stationary roller mills, equipment efficiency, horsepower requirements, durability, and reducing downtime during harvest. We also explore Horning’s Straight Tooth, Sawtooth and Fibertech Chevron rolls, along with the Shredder Mill and other equipment designed around real-world farming needs.

It’s a practical conversation about how the right processing technology can help producers get more value from their feed, equipment, and harvest.