Upper Illinois River Valley Development Authority

Funded Project Profiles

Company: Seneca Grain Company

Location: Seneca, Illinois

Amount of Bond: $3,500,000

Interest Rate: 4.90% variable

Jobs: 8 jobs

Type of Project: Grain Processing

Bond Issued: June 2001

Project Overview

In June of 2001, the Authority issued a $3,500,000 taxable bond on behalf of Ty-Walk Liquid Sales, Inc. Ty-Walk Liquid Sales, Inc. formed a joint venture to build a 2 million bushel annual capacity Grain Elevator River Terminal in Seneca, Illinois. Ty-Walk Liquid Sales, Inc. was created in 1962 as a joint venture between Daniel T. and Robert D. Walker and James and Richard Tyler. The company began as a fertilizer retailer with one of the first hot mix plants in the country and soon added a grain dealership. In 1977, Robert Walker purchased the Tylers' interest in the company and became sole owner of Ty-Walk Liquid Sales, Inc. By 1982, Ty-Walk's grain operation had grown to 5 million bushels of storage capacity and had completed work on a new high capacity grain loading and unloading facility. In 1996, Ty-Walk established an ESOP. In 1998, Ty-Walk merged with James Tyler and Sons, Inc. of Elwood. Tyler Walker & Partners has three operating divisions as follows: Ty-Walk Liquid Sales located in Minooka, which handles grain, fertilizer and its associated application services; Tyler Enterprises in Elwood, which manufactures Specialty Turf products. and James Tyler & Sons in Elwood, which handles grain.

Return to Funded Project Profiles

Home Page | Powers of Authority | Press Releases | Bonds | History | Project Profiles
Board of Directors | Application Information | Meetings | County Links

Company:	Seneca Grain Company
Location:	Seneca, Illinois
Amount of Bond:	$3,500,000
Interest Rate:	4.90% variable
Jobs:	8 jobs
Type of Project:	Grain Processing
Bond Issued:	June 2001
Project Overview
In June of 2001, the Authority issued a $3,500,000 taxable bond on behalf of Ty-Walk Liquid Sales, Inc. Ty-Walk Liquid Sales, Inc. formed a joint venture to build a 2 million bushel annual capacity Grain Elevator River Terminal in Seneca, Illinois. Ty-Walk Liquid Sales, Inc. was created in 1962 as a joint venture between Daniel T. and Robert D. Walker and James and Richard Tyler. The company began as a fertilizer retailer with one of the first hot mix plants in the country and soon added a grain dealership. In 1977, Robert Walker purchased the Tylers' interest in the company and became sole owner of Ty-Walk Liquid Sales, Inc. By 1982, Ty-Walk's grain operation had grown to 5 million bushels of storage capacity and had completed work on a new high capacity grain loading and unloading facility. In 1996, Ty-Walk established an ESOP. In 1998, Ty-Walk merged with James Tyler and Sons, Inc. of Elwood. Tyler Walker & Partners has three operating divisions as follows: Ty-Walk Liquid Sales located in Minooka, which handles grain, fertilizer and its associated application services; Tyler Enterprises in Elwood, which manufactures Specialty Turf products. and James Tyler & Sons in Elwood, which handles grain.