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Latimer Iowa | Biggest items are specialty milling equipment from Buhler. They are a Swiss company that supplies about 65% of milling equipment worldwide. Equipment coming from Switzerland, China, India. Buhler’s North American headquarters are in MSP area (1.5 hours from the mill site for service and commissioning) and equipment has been ordered over a year ago. 1.15 M tariff increase there.
Meridian bolt together smoother wall hoppers from Canada. 596,000 tariff.
Electrical components and wiring from a Minnesota electrical company. 400,000 tariff increase.
A bunch of smaller stuff like concrete add up to the rest. Pouring about 4500 cubic yards of concrete total.
We were good with 15M in equity before now need 18M just because of tariffs. | |
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Mill pictures