|
||
Last Updated: Oct 31, 2024
|
Investments in Reliability…
Federated Invests to Bring You Benefits Agronomy, feed, petroleum and propane form the roots of Federated Co-ops Inc. Our legacy and common heritage generated a cooperative that cares deeply for its member-owners. They reap the benefits of our investments in property, mergers and partnerships that spread risks, reduce costs and improve supply reliability. Agronomy… Federated added substantial new dry fertilizer storage to expand inventory to accommodate customers whether they buy during the year-end pre-buy season or during spring planting. Propane… To provide a constant supply of propane we invested in a rail terminal in Cambridge in 2001. That facility provided a constant supply to all 25 Federated propane plants through recent dramatic shortages at head-of-pipeline truck terminals. Our 2007 merger with CAP-Trico Oil and Propane increased Federated’s propane sales by 30% and substantially increased the rail terminal’s value. Petroleum… We also shifted our petroleum division to improve efficiency and reliability by combining three bulk refined-fuels plants into a single facility at Ogilvie. Facilities in Pine City and the upgraded Cambridge location add efficiency, including tanks for biofuels, and they also meet current environmental requirements. C-Stores and Country Stores… The increase in hobby farms, or lifestyle agriculture, offers significant opportunities to serve a wider clientele and increase sales volume. Your C-Stores and country stores meet growing consumer demand. And to make your stores the bright, clean, modern establishments that this growing non-traditional market demands, we’ve invested substantially in canopies, pumps and buildings. Animal Feeds… Our purchase of 10% interest in Munson Lakes Nutrition in Howard Lake has helped us hold down costs of most feed products during the recent dramatic increases in grain prices.
|