Cargill announced it has reached an agreement with Westfeeds for the sales of its Billings feed mill and property.

Officials from both companies anticipate that the sale will close by mid-February 2010. According to Westfeeds officials, the addition of the Billings feed mill facility will complement the company's existing presence in Billings as well as regionally.

In 1991, Cargill acquired the facility from Farr Better Feeds. The plant, which was built in 1968, has a production capacity of 50,000 tonnes. Cargill Animal Nutrition produces a variety of bulk cattle feeds at the facility for the region's beef and dairy producers. With this agreement, Cargill will continue to produce bagged feeds, pet food, and its proprietary ROC mineral product, among other offerings, throughout the region at other Cargill facilities.

This agreement combines Westfeeds' manufacturing expertise with Cargill's nutritional expertise, thereby bringing additional value to customers throughout Montana and northern Wyoming.

Westfeeds was established in 2003 after a group of local investors purchased the Montana based feed assets of ConAgra. The company manufactures and distributes quality livestock and companion animal nutrition products

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 159,000 people in 68 countries.