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Five Rivers Cattle Feeding and Viserion Grain have formed a new partnership called 5V, announcing plans to build a state-of-the-art shuttle train receiver in Dalhart, Texas. The facility, set to begin operations in 2026, will address growing feed ingredient deficits in the Texas Panhandle region.
The project will be strategically connected to Union Pacific, which is investing over $10 million daily in infrastructure and network expansion. Union Pacific's Senior VP Jason Hess emphasized their commitment to providing solutions for customers in the growing agriculture market.
The initiative is backed by Pinnacle Asset Management, a New York-based alternative asset management firm. This development aims to enhance local feed supply, create jobs, and strengthen the region's agricultural capabilities. The Texas Panhandle, being a major hub for cattle feeding, dairy production, and grain merchandising, will benefit from this strategic investment in local agriculture.
Five Rivers Cattle Feeding e Viserion Grain hanno creato una nuova partnership chiamata 5V, annunciando l'intenzione di costruire un moderno impianto di ricezione per treni navetta a Dalhart, Texas. La struttura, che inizierà le operazioni nel 2026, risponderà al crescente fabbisogno di ingredienti per mangimi nella regione del Texas Panhandle.
Il progetto sarà collegato strategicamente a Union Pacific, che sta investendo oltre 10 milioni di dollari al giorno in infrastrutture e ampliamento della rete. Jason Hess, vicepresidente senior di Union Pacific, ha sottolineato l'impegno a fornire soluzioni ai clienti nel mercato agricolo in espansione.
L'iniziativa è supportata da Pinnacle Asset Management, una società di gestione di asset alternativi con sede a New York. Questo sviluppo mira a migliorare la fornitura locale di mangimi, creare posti di lavoro e rafforzare le capacità agricole della regione. Il Texas Panhandle, importante centro per l'allevamento di bestiame, la produzione lattiero-casearia e il commercio di cereali, trarrà vantaggio da questo investimento strategico nell'agricoltura locale.
Five Rivers Cattle Feeding y Viserion Grain han formado una nueva alianza llamada 5V, anunciando planes para construir una moderna estación receptora de trenes lanzadera en Dalhart, Texas. La instalación, que comenzará a operar en 2026, abordará el creciente déficit de ingredientes para alimento en la región de Texas Panhandle.
El proyecto estará estratégicamente conectado con Union Pacific, que invierte más de 10 millones de dólares diarios en infraestructura y expansión de su red. Jason Hess, vicepresidente senior de Union Pacific, destacó su compromiso de ofrecer soluciones a los clientes en el mercado agrícola en crecimiento.
La iniciativa cuenta con el respaldo de Pinnacle Asset Management, una firma neoyorquina de gestión de activos alternativos. Este desarrollo busca mejorar el suministro local de alimento, generar empleos y fortalecer las capacidades agrícolas de la región. Texas Panhandle, siendo un importante centro para la alimentación de ganado, la producción láctea y el comercio de granos, se beneficiará de esta inversión estratégica en la agricultura local.
Five Rivers Cattle Feeding와 Viserion Grain이 5V라는 새로운 파트너십을 결성하여 텍사스 달하트에 첨단 셔틀 트레인 수신 시설을 건설할 계획을 발표했습니다. 이 시설은 2026년에 운영을 시작할 예정이며, 텍사스 팬핸들 지역의 증가하는 사료 원료 부족 문제를 해결할 것입니다.
이 프로젝트는 매일 1,000만 달러 이상의 인프라 및 네트워크 확장에 투자하는 Union Pacific과 전략적으로 연결될 예정입니다. Union Pacific의 수석 부사장 제이슨 헤스는 성장하는 농업 시장에서 고객들에게 솔루션을 제공하겠다는 의지를 강조했습니다.
이 사업은 뉴욕 소재 대체 자산 운용사인 Pinnacle Asset Management의 지원을 받고 있습니다. 이번 개발은 지역 사료 공급을 강화하고 일자리를 창출하며 지역 농업 역량을 강화하는 것을 목표로 합니다. 텍사스 팬핸들은 가축 사육, 낙농 생산 및 곡물 거래의 주요 중심지로서 이번 전략적 투자를 통해 혜택을 받을 것입니다.
Five Rivers Cattle Feeding et Viserion Grain ont formé un nouveau partenariat nommé 5V, annonçant des projets de construction d'une installation de réception de trains navette à la pointe de la technologie à Dalhart, Texas. L'installation, qui devrait être opérationnelle en 2026, répondra aux déficits croissants en ingrédients pour alimentation animale dans la région du Texas Panhandle.
Le projet sera stratégiquement relié à Union Pacific, qui investit plus de 10 millions de dollars par jour dans les infrastructures et l'expansion du réseau. Jason Hess, vice-président senior d'Union Pacific, a souligné leur engagement à fournir des solutions aux clients du marché agricole en pleine croissance.
L'initiative est soutenue par Pinnacle Asset Management, une société de gestion d'actifs alternatifs basée à New York. Ce développement vise à améliorer l'approvisionnement local en alimentation animale, créer des emplois et renforcer les capacités agricoles de la région. Le Texas Panhandle, important centre d'engraissement de bétail, de production laitière et de commerce des céréales, bénéficiera de cet investissement stratégique dans l'agriculture locale.
Five Rivers Cattle Feeding und Viserion Grain haben eine neue Partnerschaft namens 5V gegründet und Pläne angekündigt, einen hochmodernen Shuttle-Zugempfänger in Dalhart, Texas, zu errichten. Die Anlage, die 2026 den Betrieb aufnehmen soll, wird dem wachsenden Mangel an Futtermittelzutaten in der Region Texas Panhandle entgegenwirken.
Das Projekt wird strategisch an Union Pacific angebunden sein, das täglich über 10 Millionen US-Dollar in Infrastruktur und Netzerweiterung investiert. Jason Hess, Senior Vice President von Union Pacific, betonte das Engagement, Lösungen für Kunden im wachsenden Agrarmarkt bereitzustellen.
Die Initiative wird von Pinnacle Asset Management, einer alternativen Vermögensverwaltung mit Sitz in New York, unterstützt. Dieses Vorhaben zielt darauf ab, die lokale Futtermittelversorgung zu verbessern, Arbeitsplätze zu schaffen und die landwirtschaftlichen Kapazitäten der Region zu stärken. Der Texas Panhandle, ein bedeutendes Zentrum für Rinderfütterung, Milchproduktion und Getreidehandel, wird von dieser strategischen Investition in die lokale Landwirtschaft profitieren.
- Creation of new jobs in the Texas Panhandle
- Enhancement of local feed supply chain
- Strategic partnership with Union Pacific Railroad
- Significant infrastructure investment in agricultural capabilities
- Support for local agricultural community growth
- Project completion not until 2026
- Potential impact on existing local grain suppliers
- Large-scale infrastructure investment required
Newly Formed Partnership Between Five Rivers Cattle Feeding and Viserion Grain to Enhance Local Feed Supply and Create Jobs in the Texas Panhandle
“This new facility aims to enhance local feed supply and elevate the region’s agricultural capabilities by tapping into the combined strengths of its founding partners,” said Mike Thoren, President and CEO of Five Rivers Cattle Feeding. “This development comes at a time when the deficit for feed ingredients is expanding, making this facility a game-changer for local consumers.”
Aaron Wiegand, CEO of Viserion International, stated, “This facility not only expands our network, but also supports the local agricultural community. We’re proud to partner with a premier cattle feeder to invest in the Texas Panhandle and create jobs.”
The new facility will be strategically connected to the Union Pacific, a vital player in agricultural supply chain logistics.
“The agriculture market is growing and Union Pacific is well positioned to take on volume, investing more than
Jason Kellman, Managing Partner and Chief Investment Officer of Pinnacle, added, “We are pleased to continue our support of Viserion International and Five Rivers as they embark on this new partnership. The new facility that 5V will construct – which will utilize Viserion’s expertise in the grain industry and Five Rivers’ in cattle feeding – is an important investment in the Texas Panhandle community that we expect will enhance feed supply and create job opportunities.”
The shuttle train receiver is scheduled to commence operations in 2026 and will serve as a crucial supply source for the local feed sector. The Texas Panhandle is a major hub for cattle feeding, dairy production and grain merchandising, and this investment represents both a strategic business initiative and a commitment to the community’s economic growth. By empowering local agriculture, 5V seeks to help to pave the way for a sustainable future that benefits everyone involved.
About Viserion
Viserion International Holdco, LLC (“Viserion International”) is a global agricultural merchant based in
About Five Rivers Cattle Feeding, LLC
Five Rivers Cattle Feeding is the world’s largest cattle feeding company, with 13 feedyards in
About Pinnacle Asset Management, L.P.
Founded in 2003, Pinnacle Asset Management, L.P. is a private, alternative asset management firm focused on the global commodities markets with over
About Union Pacific
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250303734517/en/
Jonathan Gasthalter/Iain Hughes
Gasthalter & Co.
(212) 257-4170
Source: Pinnacle Asset Management, L.P.
FAQ
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