2020 Winter RVC Insights - Flipbook - Page 18
With the large influx of customers using the 24/7 loadout facility in Lost Nation, Iowa, a second 24/7 facility was constructed to enable growers to pick up loads at their convenience.
Even in the face of uncertain times,
driven by weather and depressed
grain commodities, we have continued our commitment of reinvesting
aggressively back into your cooperative’s business assets and infrastructure. The strength of our balance
sheet built over the last decade has
enabled us to invest another $12 million of capital this year which better
positions River Valley Cooperative to
serve the growing demands of our
customers.
Some projects of note:
• Feed mill upgrade and capacity
expansion in Galva, IL
• New feed truck shed constructed
in Sunbury, IA
• New LP plant in DeWitt, IA
•
Construction of a new seed
warehouse in Annawan, IL
• Remodeling of the grain dump in
Sunbury, IA
• Installation of a new NH3 plant
in Durant, IA
• Construction of a new agronomy
site in Camp Grove, IL
• Continued upgrade of rolling
stock fleet across both Illinois
and Iowa
We again have an aggressive capital investment commitment for fiscal
2020.
Our commitment to a safe work
environment for our employees
remains the top priority and a focus
of your cooperative. We continue to
have success embedding safety in
our company’s culture and it is being
reflected in our reduced injury severity results. River Valley Cooperative’s
injury losses are approximately 30%
below industry averages or what is
expected for our type and span of
business.
The entire organization is extremely proud of this tremendous and
unprecedented accomplishment in
our industry.
River Valley Cooperative has a
strong commitment to support the
communities in which our member-owners and employees live,
work and play.
Over the past year, our year-long
focus was to provide resources for
food insecure children living within
our communities.
IMPROVE
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