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 Sep. 4, 2012 Source: GROWMARK sent via AgPR--the news distribution service for agriculture Four grain cooperatives were recognized by GROWMARK, Inc. with the Ceres award during the GROWMARK annual meeting in Chicago today. The award, named for the Roman goddess of grain, is awarded to grain cooperatives that achieve excellence by meeting at least three out of the four following criteria: EBITDA (earnings before interest, taxes, depreciation, and amortization)/per storage capacity, return on invested capital, bushel retention, and GROWMARK's capital guideline ratio. Qualifying for the Ceres award, in alphabetical order, are: Farmers Elevator Company of Manteno, Manteno, Ill. Alan Lamore is the manager and Harold McQueen is the president. Grant Park Cooperative Grain Company, Grant Park, Ill. Daniel Stadt is the manager and Richard Riechers is the president. Minier Cooperative Grain Company, Minier, Ill. Keith Swigart is the manager and Duane Haning is the president. Total Grain Marketing, LLC, Effingham, Ill. Randy Handel is the manager and Davis Anderson was the president for the time period measured. GROWMARK is a regional cooperative providing agriculture-related products and services, as well as grain marketing in 31 states and Ontario, Canada. GROWMARK owns the FS trademark, which is used by affiliated member cooperatives. The FS brand represents knowledgeable, experienced professionals acting with integrity and dedication to serve more than 250,000 customers. More information is available at www.growmark.com Tweet |
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