Pyco Industries, Inc.

Name

Pyco Industries, Inc.

Legal name

Pyco Industries

Website

https://pycoindustriesinc.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Lubbock

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Cottonseed Product Sales: Processing and selling cottonseed by-products including cottonseed oil, cottonseed meal, cottonseed hulls, cottonseed linters, and whole cottonseed to customers in food service, livestock, and dairy industries
2. Cooperative Membership: Operating as a cooperative with almost 50 member gins; providing them broader market access for their cottonseed products in exchange for cottonseed supply

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

PYCO Industries is a cottonseed processing and marketing cooperative operating through subsidiary Plainsman Company, LLC. It refines cottonseed supplied by almost 50 member gins into five core by-products: cottonseed oil (food-grade PBSY, RBD, RBWD), cottonseed meal (41% protein), cottonseed hulls, whole cottonseed, and cottonseed linters. These products are sold to food service/snack food, livestock, and dairy industries, with distribution supported by an in-house rail and trucking fleet, a short-line railroad subsidiary, and a BNSF Premier Transload Facility.

Product overview

Pyco Industries operates primarily through its Plainsman Company subsidiary as a cottonseed processing and marketing cooperative. The company operates a portfolio of five core cottonseed by-products: Cottonseed Oil (refined into food-grade products), Cottonseed Meal (41% protein livestock feed), Cottonseed Hulls (fiber for livestock), Whole Cottonseed (raw material and dairy feed), and Cottonseed Linters (cellulose for industrial applications). Plainsman Company is the largest cottonseed cooperative in the southern United States with almost 50 member gins and its own oil mill facility in Lubbock, Texas. The company also operates Plainsman Switching Company (railroad subsidiary) and Sweetwater Logistics Center (transloading facility) for logistics and distribution of cottonseed and related commodities. The 2021-built oil mill features modern environmental controls reducing emissions by over 80%.

Differentiator

Problem solved

Functional benefit

Products and services

• Cottonseed Oil High-quality food grade cottonseed oil refined into PBSY, RBD, and RBWD products for cooking, frying, and salad applications. Targeted at food service and snack food industries due to long fry life and high smoke and flash point.
• Cottonseed Meal Protein-rich (41%) by-product of cottonseed processing used as livestock feed in the livestock industry and as a nitrogen-rich fertilizer for plant growth.
• Cottonseed Hulls High-fiber by-product used in livestock rations and for loss circulation in crude oil production.
• Whole Cottonseed Raw cottonseed received from cotton gins, used as feed ingredient in livestock and dairy rations. Plainsman Company ships whole cottonseed to local dairy markets via truck and to broader dairy markets via railcar fleet, sourcing from Texas, Louisiana, and Oklahoma.
• Cottonseed Linters Versatile cellulose-rich by-product used across industries from food to film applications for domestic and international customers.
• Plainsman Switching Company Short-Line Railroad Service Short-line railroad service operating 18 miles of railroad within Lubbock, Texas, interchanging with BNSF Railroad and Union Pacific Railroad in downtown Lubbock. Ships and receives commodities including grain, chemicals, cottonseed, cottonseed oil, specialty sands, non-perishable food items, oil field supplies, and lumber.
• Sweetwater Logistics Center Transloading Service Multi-commodity rail-to-truck and truck-to-rail transloading service via the BNSF Premier Transload Facility in Sweetwater, Texas. Handles agriculture products, pipe, frac sand, crude oil, aggregate, steel coils, and other commodities on both manifest and unit trains, serving industries targeting the Permian Basin and West Texas.

Quantifiable outcome

• Over 80% reduction in total emissions
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• BNSF RailwaycoreStrategic or Co-development PartnerPlainsman Switching Company interchanges with BNSF Railroad in downtown Lubbock. The Sweetwater Logistics Center is a BNSF Premier Transload Facility serving various industries targeting the Permian Basin and West Texas.
• Union Pacific RailroadcoreStrategic or Co-development PartnerPlainsman Switching Company interchanges with Union Pacific Railroad in downtown Lubbock for rail connectivity.
• Farmers Coop CompressminorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• Plains Cotton Growers (PCG)minorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• Plains Cotton Cooperative Association (PCCA)minorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• Texas Agriculture Coop Council (TACC)minorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• American Fats and Oils Association (AFOA)minorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• National Institute of Oilseed Products (NIOP)minorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• The Orthodox Union (OU)coreOthersProvides Kosher certification (Plant Certification and Railcar Certification) for Plainsman Company products.
• Cotton USAminorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• Cotton IncorporatedminorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• National Cotton CouncilminorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• National Cottonseed Products AssociationminorOthersRelated industry organization listed under related organizations on the Industry Resources page.
• Cape and SoncoreStrategic or Co-development PartnerAcquisition enabling Plainsman Company to source cottonseed from many areas of Texas, Louisiana, and Oklahoma. Includes agriculture warehouse in Sweetwater, Texas expanded in 2013.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Bunge Global: Leading global oilseed processor and refined vegetable oil producer. Highly comparable to Plainsman in oilseed crush, refining, and downstream food/feed marketing, with overlapping customer base in food service and animal nutrition.
• Archer Daniels Midland (ADM): Global agribusiness and one of the world's largest oilseed processors and vegetable oil refiners. Directly comparable to PYCO/Plainsman as a major oilseed crusher producing refined food-grade oils and protein meals for food service, snack, and feed customers.
• Cargill: Privately held global agribusiness with substantial oilseed processing, cottonseed operations, and refined oil/meal product lines serving food, feed, and industrial customers. Direct competitor in the cottonseed crush and refining space.
• Ag Processing Inc (AGP): Farmer-owned cooperative and major US soybean processor/refiner producing meal, refined oil, and biodiesel — directly comparable cooperative model and oilseed crush/refine operations overlapping Plainsman's product mix and customer segments.
• Louis Dreyfus Company: Global merchandiser and processor of oilseeds, grains, and cotton. Comparable to PYCO as a major cottonseed and oilseed processor with downstream food-grade oil and feed product distribution.
• Plains Cotton Cooperative Association (PCCA): Texas-based cotton grower cooperative with cottonseed marketing, cotton merchandising, and value-added processing — directly comparable to PYCO's cooperative business model and West Texas cotton value chain footprint.

Broad incumbents

• CHS Inc. Largest US agricultural cooperative with diversified grain, oilseed processing, food, and energy operations. Overlaps with PYCO as a cooperative peer in oilseed processing, grain handling, and ag logistics, but operates at much broader scale across many commodities.
• Land O'Lakes: Large US farmer-owned cooperative spanning dairy, crop inputs, and animal nutrition. Comparable cooperative governance model and feed/dairy customer overlap with Plainsman's cottonseed meal/whole cottonseed dairy business.

Others

• BNSF Railway: Class I freight railroad that interchanges with Plainsman Switching and designates the Sweetwater Logistics Center as a BNSF Premier Transload Facility. Comparable as a logistics infrastructure enabler and rail partner in PYCO's distribution network.

Emerging players

• Cal-Maine Foods: Largest US shell egg producer, also a major purchaser of cottonseed for layer hen feed rations. Comparable as a meaningful cottonseed feed customer in the same southern US agricultural value chain that Plainsman supplies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PYCO_Lubbock
• Facebookfacebook.com/profile.php

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Pyco Industries, Inc.