Northern Ag Network
posted on August 08, 2012 10:10 :: 1294 Views
By Bill Vander Weele-Sidney Herald
Prewitt and Company made a move to ensure the livestock industry will remain strong in the area with its recent purchase of Yellowstone Livestock Co.
The state’s board of livestock approved the sale and transfer of the certificate of public convenience and necessity to Sidney Livestock Market Center last week.
Tim Larson, co-owner of Prewitt and Company, noted the company moved forward after hearing some comments about an oil company being interested in buying the livestock center.
“We did not want to lose the auction here in town,” Larson said. “We decided to step up and purchase it, keep it functioning and in our community.”
This week the Northern Ag Network's Russell Nemetz talked with Tim Larson about the decision to purchase the Yellowstone Livestock Company.
Prewitt and Company will move its offices from its current location on Third Street N.E. to the livestock center. Officials were mapping out plans Monday morning.
Larson said sale day will remain the same time, and there will be few changes.
“Hopefully, we can get it back to what it used to be,” he said. “We thank the shareholders for this opportunity. We have plans to make it bigger and better.”
Tim Larson with Prewitt and Company also told Russell Nemetz that their number one priority is getting the facility ready for the 2012 fall run.
Larson stressed how important it is to keep the livestock industry strong in the area.
“A lot of people have lost what made this community – it’s agriculture,” Larson said. “Livestock and farming are what this community started with.”
Source: Sidney Herald
Posted by Russell Nemetz