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Overview
Associated Feed & Supply is an animal nutrition and feed manufacturing company. The company formulates, produces, packages, and distributes feed and related products for livestock, poultry, and other animals. It serves farmers, ranchers, dairies, animal owners, dealers, and agricultural businesses. Its operating model centers on feed mills and distribution operations supported by nutrition, quality, procurement, logistics, and sales. Teams work across animal nutrition, manufacturing, quality, maintenance, procurement, logistics, sales, and administration.
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Simplify's take
What believers are saying
- PGIM's October 2026 case study confirms lender confidence and fresh capital access.
- FDA still lists the California medicated-feed mill license active on November 11, 2026.
- AFIA seated Robert Schubert in May 2026, signaling strong industry standing.
What critics are saying
- OSHA opened 2025 complaint and accident cases, risking disruptive follow-up enforcement.
- Cal/OSHA records show 12 citations and $23,525 penalties against AFS.
- Loss of the medicated-feed license would cripple specialty revenue immediately.
What makes Associated Feed & Supply unique
- PGIM funded $40 million in July 2025 for acquisitions and refinancing.
- The Swanson family expanded west through AFS and D&D Ingredient Distributors in 2021.
- FDA lists an active medicated-feed mill license at 5213 West Main, Turlock.
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