Delta oil mill is expanding to greenwood 11-02-2009

DELTA OIL MILL RECENTLY ANNOUNCED PLANS TO PURCHASE PYCO OIL MILL IN GREENWOOD. ON FRIDAY, DELTA OIL MILL OF JONESTOWN, MISSISSIPPI ANNOUNCED THAT THE COMPANY IS FINALIZING THE PURCHASING OF THE MID-SOUTH ASSETS OF PYCO INDUSTRIES. THE PURCHASE INCLUDES THE COTTONSEED OIL MILL PROPERTY LOCATED IN GREENWOOD AS WELL AS ONE IN ARKANSAS; PYCO IN GREENWOOD, WHICH HAS BEEN CLOSED SINCE MAY OF 2009. THE COMPANY HOPES TO BE OPEN BY JANUARY 2010, AND WILL PROCESS BOTH COTTONSEED AND SOYBEAN OIL AT THE FACILITY. DELTA OIL MILL PRESIDENT SCOTT MIDDLETON SAID IN A NEWS RELEASE THAT THE COMPANY IS PLEASED THAT THE CURRENT PYCO MID-SOUTH COTTON GIN COOPERATIVE MEMBERS HAVE SHOWN ENTHUSIASTIC SUPPORT FOR THE PURCHASE, "AND HAVE MADE A STRONG COMMITMENT ON THE VENTURE AS NEW COOPERATIVE MEMBERS."