Black Gold Farms Expands Potato Production and Packing Capabilities with Acquisition of George Wood Farms

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Black Gold Farms Expands Potato Production and Packing Capabilities with Acquisition of George Wood Farms
February 24, 2015
Black Gold Farms, an industry leader in potato production, sales and marketing, recently acquired the legacy potato production operation, George Wood Farms located near Camden, NC.

This acquisition includes all associated production and packing operations. Black Gold Farms will be responsible for production, sales and distribution of all products grown on the farm. The potato production will consist of primarily chip stock potatoes, and will also include fresh red, yellow and white potatoes. The packing facility on site has the capability to pack poly and paper as well as tote and bulk capacity.

Matt Wood, Partner at George Wood Farms said, “It is evident that these changes will allow stronger service to our customers by reducing risk through greater geographic diversity. The result is a more sustainable organization for all of our team members and customers.”

With this acquisition, long-time George Wood Farms Partner and Manager, Jimmy Harrell will remain the leader of this particular operation. Chris Hopkins, a long-time Black Gold Farms Group Manager in Columbia, NC will be helping out with oversight and other details involved in the transition. “I’m excited to be a part of the Black Gold Farms team. I believe they will bring in some additional expertise with their years of experience and passion for potatoes”, stated Harrell.

Eric Halverson, CEO of Black Gold Farms states, “We are excited about the added capabilities that the George Wood Farms brings to Black Gold Farms. We anticipate a smooth transition due to the high level of skill and dedication of the existing team at the George Wood Farm, ensuring continuity to current suppliers and customers.” Halverson continues, “This acquisition really complements our current chip potato acreage in North Carolina and throughout the US, and it also is an excellent fit for our year-round red potato production in North Dakota, Missouri, Indiana, and Texas.”
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