Gavilon Grain will buy DeBruce Cos. and expand its nationwide network of grain storage facilities to handle up to 300 million bushels of grain.
Gavilon announced the deal Tuesday. It did not disclose financial terms.
Gavilon is a commodity trading and grain storage business that ConAgra Foods sold to private investors in 2008.
DeBruce, based in Kansas City, Mo., will become a Gavilon subsidiary. DeBruce has grain elevators in Kansas, Iowa, Nebraska, Texas, Kentucky, Oklahoma, Mississippi, Alabama, Indiana, Wisconsin and Mexico.
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It also has feed mills and a fertilizer distribution network.
DeBruce has owned an elevator south of Wichita since 1996. An explosion at the facility in 1998 killed seven people.
—Eagle staff and wire services
Average Sedgwick County wages fall
The average weekly Sedgwick County wage in the first quarter was $762, 3.4 percent below the first quarter of 2009, according to the Bureau of Labor Statistics.
That puts the county 303rd in income growth out of the country's 327 largest counties.
The weekly wage in other Kansas counties was: Johnson, $932, up 2.9 percent; Wyandotte, $787, up 1.7 percent; and Shawnee, $725, down 2.8 percent.
In the U.S. as a whole, the weekly wage was $889, up 0.8 percent.