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Black Gold Farms

Full company profile

uuid000k5ye

Namestring
Black Gold Farms
Legal namestring
Black Gold Farms
Company typeenum
Private
Founded yearint
1928
Descriptiontext

Black Gold Farms is a fourth-generation, privately held US agricultural producer headquartered in Grand Forks, North Dakota, specializing in potatoes and sweet potatoes. Founded in 1928 by A.E. Halverson, the company operates multiple growing locations across the United States — including farms in North Dakota, Louisiana (flagship Macon Ridge, plus a Delhi fresh-pack facility), and Missouri (Arbyrd) — and produces nearly 1 billion pounds of potatoes and sweet potatoes annually. Its core products are organized into four lines: chipping potatoes for snack food manufacturers, processing potatoes for french fry producers, fresh market potatoes (creamers, reds, whites, yellows) for retailers and foodservice, and sweet potatoes for both fresh and processing markets. Storage facilities with modern environmental controls preserve fry quality through the storage season, and partner grower-shippers supplement internal supply to meet nationwide demand.

Short descriptiontext

Black Gold Farms is a fourth-generation, family-owned US producer of potatoes and sweet potatoes, supplying nearly 1 billion pounds annually to chip processors, french fry manufacturers, fresh produce retailers, and sweet potato buyers through a vertically integrated farming and logistics operation.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersGrand Forks, United States
HQ citystring
Grand Forks
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
potato farming operations, fresh potato supply, sweet potato production, agricultural logistics services, chip potato processing
Industry2 codes
1Sugar & Starch Crop Contract Growing & Plantation Operations
CodeAFAGAEALPrimaryYes
2Sweet Potato Farming (Starch/Industrial Use)
CodeAFAGAEAEPrimaryNo
NAICS code2 codes
  • Potato Farming111211
  • Other Vegetable (except Potato) and Melon Farming111219
SIC code1 code
  • Agricultural Production-Crops100
Product category
Potato and Sweet Potato Production
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Potato Sales
TypeOne Time License
Description

B2B sales of potatoes to processors, retailers, and fresh produce sectors including chipping potatoes for chip manufacturers, processing potatoes for french fry production, and fresh potatoes for retail.

blackgoldfarms.com
2Sweet Potato Sales
TypeOne Time License
Description

Sales of sweet potatoes to both fresh market and process markets, with flagship farm on Macon Ridge in northern Louisiana and year-round shipping capability from extensive storage facilities.

blackgoldfarms.com
3Transportation/Logistics Services
TypeProfessional Services
Description

Horizon Logistics provides vertically integrated logistics and freight operations for transportation of produce, enhancing efficiency and reliability in supply chain delivery.

blackgoldfarms.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Black Gold Farms grows, harvests, stores, and ships chipping potatoes, fresh-market potatoes, processing potatoes, and sweet potatoes to industrial food processors, retailers, and foodservice customers across the United States. The company operates multi-state growing locations that produce nearly one billion pounds annually and runs its own trucking subsidiary, Horizon Logistics, to handle distribution.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Nearly 1 billion pounds of potatoes and sweet potatoes produced annually
+2 more records
Product overview1 text field

Black Gold Farms is an agricultural company operating as a multi-location potato and sweet potato producer with vertically integrated transportation services. The company offers four core potato products: Chipping Potatoes (for snack food/chip production with year-round storage programs), Fresh Potatoes (for retail fresh market including reds, whites, and yellows), Processing Potatoes (varieties cultivated specifically for french fry processing supplied to major processors), and Sweet Potatoes (for both fresh and process markets from farms in Louisiana and Missouri). These products are supported by Horizon Logistics, a wholly-owned logistics subsidiary that provides integrated freight and shipping operations, ensuring reliable deliveries from farm to customer.

Product and service1 record
1Chipping Potatoes
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Partner Grower-Shippers
Strategic tierSupportTypeChannel Partner/ Reseller/ Distributor
Description

Black Gold Farms works with partner grower-shippers from across the country to supplement their fresh potato supply, enabling them to fulfill diverse customer needs when their own production is insufficient or when customers require varieties outside their primary growing regions.

blackgoldfarms.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

One of the largest US potato producers, headquartered in the Fargo/Grand Forks region, growing chip, processing, and fresh potatoes across multiple states. Directly comparable to Black Gold Farms in scale, multi-state potato operations, and B2B processor relationships.

TypeDirect peer
Description

Large Idaho-based potato grower-shipper producing chip, processing, and fresh potatoes (russets, reds, yellows, organics) with vertically integrated packing and shipping. Closely comparable diversified product portfolio, multi-region procurement strategy, and B2B processor/retailer go-to-market.

TypeBroad incumbent
Description

Vertically integrated agribusiness with one of the largest US potato operations spanning farming, processing, and foodservice distribution. Comparable core potato-growing capability but at materially larger scale and broader food-industry footprint than Black Gold Farms' grower/shipper model.

TypeDirect peer
Description

Major North American frozen potato processor that also operates owned and contracted potato farms across the US and Canada supplying its fry lines. Comparable grower-to-processor integration and B2B supply relationships to french fry manufacturers.

TypeDirect peer
Description

Dehydrated potato processor that grows and contracts significant Idaho potato acreage for dehydrated flakes, granules, and flour to foodservice and ingredient customers. Comparable raw-potato grower-processor exposure and B2B industrial customer mix.

TypeDirect peer
Description

One of the largest US sweet potato producers, with operations in North Carolina (the largest US sweet potato state) growing, packing, and shipping fresh and processing-grade sweet potatoes. Comparable dedicated sweet potato supply chain capability and B2B relationships.

TypeDirect peer
Description

Multi-generation North Carolina sweet potato grower-packer serving fresh and processing markets across North America with branded and private-label programs. Comparable sweet potato focus, vertical integration into packing/shipping, and B2B customer mix.

TypeDirect peer
Description

Sweet potato grower-packer-distributor headquartered in North Carolina with fresh pack operations and extensive grower network supplying retail and foodservice channels. Comparable sweet potato distribution model and multi-state grower base.

TypeDirect peer
Description

Large central US potato operation (Wisconsin-based) growing chip, processing, and fresh-market potatoes under contract with major processors and retailers. Comparable diversified potato grower business serving industrial B2B customers.

TypeDirect peer
Description

Idaho-based potato grower-shipper serving chip processors and fresh-market customers with multi-variety production and storage capability. Comparable grower/shipper model targeting processors and retailers with multi-region sourcing.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Black Gold Farms

Potato and Sweet Potato Productionblackgoldfarms.com

Black Gold Farms is a fourth-generation, family-owned US producer of potatoes and sweet potatoes, supplying nearly 1 billion pounds annually to chip processors, french fry manufacturers, fresh produce retailers, and sweet potato buyers through a vertically integrated farming and logistics operation.

What Black Gold Farms does

Black Gold Farms is a fourth-generation, privately held US agricultural producer headquartered in Grand Forks, North Dakota, specializing in potatoes and sweet potatoes. Founded in 1928 by A.E. Halverson, the company operates multiple growing locations across the United States — including farms in North Dakota, Louisiana (flagship Macon Ridge, plus a Delhi fresh-pack facility), and Missouri (Arbyrd) — and produces nearly 1 billion pounds of potatoes and sweet potatoes annually. Its core products are organized into four lines: chipping potatoes for snack food manufacturers, processing potatoes for french fry producers, fresh market potatoes (creamers, reds, whites, yellows) for retailers and foodservice, and sweet potatoes for both fresh and processing markets. Storage facilities with modern environmental controls preserve fry quality through the storage season, and partner grower-shippers supplement internal supply to meet nationwide demand.

Black Gold Farms firmographics

Firmographics
Name
Black Gold Farms
Legal name
Black Gold Farms
Website
https://blackgoldfarms.com
Company type
Private
Founded year
1928
Operating status
Operating
Headcount range
101–250 employees
Short description
Black Gold Farms is a fourth-generation, family-owned US producer of potatoes and sweet potatoes, supplying nearly 1 billion pounds annually to chip processors, french fry manufacturers, fresh produce retailers, and sweet potato buyers through a vertically integrated farming and logistics operation.
Ownership category
akta.pro rank

Black Gold Farms industry classification

Industry
Product category
Potato and Sweet Potato Production
NAICS
Potato Farming (111211), Other Vegetable (except Potato) and Melon Farming (111219)
SIC
Agricultural Production-Crops (100)
akta.pro primary industry
Sugar & Starch Crop Contract Growing & Plantation Operations (AFAGAEAL)
akta.pro secondary industry
Sweet Potato Farming (Starch/Industrial Use) (AFAGAEAE)

Keywords

  • Potato farming operations
  • Fresh potato supply
  • Sweet potato production
  • Agricultural logistics services
  • Chip potato processing

Where Black Gold Farms is headquartered

Location

Headquarters

HQ city
Grand Forks
HQ country
United States
HQ region
North America

Offices4 records

Markets served

Black Gold Farms business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Potato Sales: B2B sales of potatoes to processors, retailers, and fresh produce sectors including chipping potatoes for chip manufacturers, processing potatoes for french fry production, and fresh potatoes for retail.
  2. Sweet Potato Sales: Sales of sweet potatoes to both fresh market and process markets, with flagship farm on Macon Ridge in northern Louisiana and year-round shipping capability from extensive storage facilities.
  3. Transportation/Logistics Services: Horizon Logistics provides vertically integrated logistics and freight operations for transportation of produce, enhancing efficiency and reliability in supply chain delivery.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Black Gold Farms product offering

Product offering

Core offering

Black Gold Farms grows, harvests, stores, and ships chipping potatoes, fresh-market potatoes, processing potatoes, and sweet potatoes to industrial food processors, retailers, and foodservice customers across the United States. The company operates multi-state growing locations that produce nearly one billion pounds annually and runs its own trucking subsidiary, Horizon Logistics, to handle distribution.

Product overview

Black Gold Farms is an agricultural company operating as a multi-location potato and sweet potato producer with vertically integrated transportation services. The company offers four core potato products: Chipping Potatoes (for snack food/chip production with year-round storage programs), Fresh Potatoes (for retail fresh market including reds, whites, and yellows), Processing Potatoes (varieties cultivated specifically for french fry processing supplied to major processors), and Sweet Potatoes (for both fresh and process markets from farms in Louisiana and Missouri). These products are supported by Horizon Logistics, a wholly-owned logistics subsidiary that provides integrated freight and shipping operations, ensuring reliable deliveries from farm to customer.

Differentiator

Problem solved

Functional benefit

Products and services

  • Chipping Potatoes

Quantifiable outcome

  • Nearly 1 billion pounds of potatoes and sweet potatoes produced annually
  • +2 more outcomes

Companies that use Black Gold Farms

Customer profile

Segments4 records

Ideal customer profiles3 records

Black Gold Farms technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Black Gold Farms partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Partner Grower-ShipperssupportChannel Partner/ Reseller/ DistributorBlack Gold Farms works with partner grower-shippers from across the country to supplement their fresh potato supply, enabling them to fulfill diverse customer needs when their own production is insufficient or when customers require varieties outside their primary growing regions.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Black Gold Farms competitors and assessment

Company assessment

Direct peers

  • R.D. Offutt Company: One of the largest US potato producers, headquartered in the Fargo/Grand Forks region, growing chip, processing, and fresh potatoes across multiple states. Directly comparable to Black Gold Farms in scale, multi-state potato operations, and B2B processor relationships.
  • Wada Farms: Large Idaho-based potato grower-shipper producing chip, processing, and fresh potatoes (russets, reds, yellows, organics) with vertically integrated packing and shipping. Closely comparable diversified product portfolio, multi-region procurement strategy, and B2B processor/retailer go-to-market.
  • Cavendish Farms: Major North American frozen potato processor that also operates owned and contracted potato farms across the US and Canada supplying its fry lines. Comparable grower-to-processor integration and B2B supply relationships to french fry manufacturers.
  • Idaho Pacific Corporation: Dehydrated potato processor that grows and contracts significant Idaho potato acreage for dehydrated flakes, granules, and flour to foodservice and ingredient customers. Comparable raw-potato grower-processor exposure and B2B industrial customer mix.
  • Ham Farms: One of the largest US sweet potato producers, with operations in North Carolina (the largest US sweet potato state) growing, packing, and shipping fresh and processing-grade sweet potatoes. Comparable dedicated sweet potato supply chain capability and B2B relationships.
  • Scott Farms: Multi-generation North Carolina sweet potato grower-packer serving fresh and processing markets across North America with branded and private-label programs. Comparable sweet potato focus, vertical integration into packing/shipping, and B2B customer mix.
  • Southern Produce Distributors: Sweet potato grower-packer-distributor headquartered in North Carolina with fresh pack operations and extensive grower network supplying retail and foodservice channels. Comparable sweet potato distribution model and multi-state grower base.
  • Heartland Farms: Large central US potato operation (Wisconsin-based) growing chip, processing, and fresh-market potatoes under contract with major processors and retailers. Comparable diversified potato grower business serving industrial B2B customers.
  • Sun-Glo of Idaho: Idaho-based potato grower-shipper serving chip processors and fresh-market customers with multi-variety production and storage capability. Comparable grower/shipper model targeting processors and retailers with multi-region sourcing.

Broad incumbents

  • J.R. Simplot Company: Vertically integrated agribusiness with one of the largest US potato operations spanning farming, processing, and foodservice distribution. Comparable core potato-growing capability but at materially larger scale and broader food-industry footprint than Black Gold Farms' grower/shipper model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Black Gold Farms social profiles

Digital presence

Black Gold Farms financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Black Gold Farms leadership team

Management profile

Number of profiles

Profiles1 record

Black Gold Farms subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Black Gold Farms funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Black Gold Farms M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Black Gold Farms

What does Black Gold Farms do?

Black Gold Farms grows, harvests, stores, and ships chipping potatoes, fresh-market potatoes, processing potatoes, and sweet potatoes to industrial food processors, retailers, and foodservice customers across the United States. The company operates multi-state growing locations that produce nearly one billion pounds annually and runs its own trucking subsidiary, Horizon Logistics, to handle distribution.

Is Black Gold Farms a public or private company?

Black Gold Farms is a private company. It is classified as family owned and is currently operating.

When was Black Gold Farms founded?

Black Gold Farms was founded in 1928. It employs 101 to 250 people.

Where is Black Gold Farms based?

Black Gold Farms is headquartered in Grand Forks, United States, in the North America region.

How does Black Gold Farms make money?

Three revenue lines are on record. Potato Sales are the primary driver. The others are sweet Potato Sales and transportation/Logistics Services.

Who are Black Gold Farms's main competitors?

Direct peers on record are R.D. Offutt Company, Wada Farms, Cavendish Farms, Idaho Pacific Corporation, Ham Farms, Scott Farms, Southern Produce Distributors, Heartland Farms and Sun-Glo of Idaho. J.R. Simplot Company is listed as a broad incumbent.

Does Black Gold Farms have an API?

No public API is recorded for Black Gold Farms.

What industry is Black Gold Farms in?

Black Gold Farms's product category is Potato and Sweet Potato Production. Its primary akta.pro industry code is AFAGAEAL, Sugar & Starch Crop Contract Growing & Plantation Operations, with a secondary code of AFAGAEAE, Sweet Potato Farming (Starch/Industrial Use). Its NAICS code is 111211 and its SIC code is 100.

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