**SOLD** former Prairie Farms Ice Cream Production Facility & Real Estate

Date & Time

SOLD

Location

Decatur, IL

Tillamook County Creamery Association Buys Former Prairie Farms Ice Cream Specialties Facility; Harry Davis & Company Sale Brings Sustained Dairy Production to Decatur, IL

March 21, 2023 – Harry Davis & Company announced today that the former Prairie Farms’ Ice Cream Specialties production facility in Decatur, IL, has been sold to Oregon-based dairy cooperative Tillamook County Creamery Association. Harry Davis & Company acquired the legacy dairy facility from Prairie Farms with the intention of identifying a new operator, continuing local production, and securing jobs in the community.

The deal puts the facility on the road to full production with approximately 45 new local jobs when the plant starts production in late 2024. The plant can produce 14M+ gallons of ice cream yearly at peak, and is an important keystone in local economic growth.

Lenny Davis, CEO of Harry Davis & Company, believed the operational facility presented an opportunity for high growth operators looking to expand in the soaring ice cream industry. Immediate entry to the market, alongside the local milkshed and Midwest location, brought a buyer in fewer than 60 days.

“We initially worked with Prairie Farms to understand their needs once they decided to exit this facility and it was apparent to us there was a significant value and opportunity in finding a processor to restart production, which is the best case for the community, workforce and local milkshed,” said Davis about the facility. He continued, “Sales of ice cream spiked nationwide throughout the pandemic making it a challenging time for companies looking to add capacity. Tillamook is one of the country’s fastest growing ice cream brands so this acquisition makes sense. With expanded hiring and production on the horizon, it was a win-win for the community and the buyer,” added Davis.

About Harry Davis & Company: Based in Pittsburgh, Pennsylvania since 1955, Harry Davis & Company is a third-generation family business providing industry-leading asset valuations, business strategy, and facility sales consulting to dozens of industries include dairy, food and beverage, industrial manufacturing, and consumer personal care products. Harry Davis & Company are The Food & Beverage Market Makers, bringing buyers and sellers together to achieve maximum results every time.


    

Former Prairie Farms Ice Cream Production Facility & Real Estate

Operational and Ready for Continued Production

  • 57,000 sq.ft. Production Facility – Fully Equipped, New as 2018
  • 22,480 sq.ft. Freezer Warehouse w/30’ Ceilings
  • Decatur, IL – Proximity to Chicago, Springfield, Champaign

Equipment Highlights Include:

(17) S/S SILOS – TANKS

  • (2) 2016 Walker 6,000 Gallon All S/S Jacketed Silos with Vertical Agitation
  • (2) 2007 DCI 8,000 Gallon S/S Jacketed Silos with Vertical Agitation
  • 2016 Walker 6,000 Gallon All S/S Jacketed Horizontal Tank with Dual Vertical Agitators
  • (2) DCI 6,000 Gallon S/S Jacketed Horizontal Tanks with Dual Vertical Agitators, Painted Exterior
  • (3) 1997 DCI 4,000 Gallon All S/S Jacketed Horizontal Tanks with Vertical Agitation
  • 1997 DCI 3,000 Gallon All S/S Jacketed Horizontal Tanks with Vertical Agitation
  • (2) 1000 Gallon S/S Dome Top Batch Tanks with Vertical Agitator
  • 600 Gallon S/S Hinged Lid Batch Tank
  • 7,500 Gallon All S/S Liquid Sugar Silo with Pump, UV Light
  • 8,000 Gallon All S/S Sucrose Silos with Pump, UV Light

PASTEURIZER – HOMOGENIZER – LIKWIFIER

  • AGC 2500 GPH HTST Pasteurization System with Plate Heat Exchanger (222 Plates) Holding Tube, Pumps, Balance Tank, Valves, Pumps, Hot Water Set and Controls
  • 2000 Gaulin MS18 Homogenizer 2.5TPS
  • Breddo 300 Gallon S/S Likwifier, M: LOS

ICE CREAM FREEZERS – INGREDIENT FEEDERS – FLAVOR TANKS – BUNDLERS

  • (3) WCB Single Barrel Freezers, M: WS315GA, 800 GPH
  • Updated APV 3-Barrel Ice Cream Freezer, 1,800 GPH, M:D9264-312 with Allen Bradley HMI
  • (2) Tetra FF-4000 Ingredient Feeders
  • (2) Tekkra S/S Shrink Bundlers, M: T-225-60
  • 4 x 400 Gallon S/S Insulated Flavor Tank with Valves and Pumps
  • 3 x 400 Gallon S/S Insulated Flavor Tank with Valves and Pumps

REFRIGERATION – AIR COMPRESSORS

  • (4) Mycom 200 HP Screw Ammonia Compressors with Starters & Circulation System
  • 2022 Vilter 150 HP 8 Cylinder Reciprocating Ammonia Compressor
  • (4) Vilter Reciprocating Ammonia Compressors
  • Gardner Denver 57.5 HP VS Series Air Compressor with Gardner Denver Dryer and Reciever
  • Gardner Denver 50 HP Air Compressor

GENERAL DAIRY PLANT EQUIPMENT

  • 8’ S/S COP Jet Spray Wash Trough with Pump
  • (2) S/S COP Wash Troughs
  • Spare Parts for Plant Equipment
  • S/S Valves, Pumps, VFD’s, Date Coders, Metal Detectors, Shell and Tube Heat Exchanger, 3-Bay Tempering Box, (2)
  • Floor Scrubbers, Amerio Hardening Freezer

MATERIAL HANDLING

  • (4) Hyster Electric Forklifts with Battery Chargers
  • JLG Scissor Lift
  • 1100 Position Drive In Pallet Racking