NEW Directions April 2016 : Page 1

April 2016 www.newcoop.com LOCATIONS 515-545-3145 Barnum 515-542-3221 Blairsburg 515-325-6252 Blencoe 712-433-2490 Bode 515-379-1754 Clare 515-546-4265 Coon Rapids 712-999-4660 Cooper 515-386-3239 Correctionville 712-372-4433 Dows 515-852-4136 Duncombe 515-543-4245 Fort Dodge 515-955-2040 Glidden 712-659-2227 Hornick 712-874-3211 Humboldt 515-332-3374 Knierim 515-463-2331 Knoke 712-468-2893 Lanesboro 712-656-2225 Lanyon 515-879-2711 Lidderdale 712-822-5211 Lohrville 712-465-3145 LuVerne 515-882-3221 Mapleton 712-881-1490 MAPS 515-955-9030 Onawa 712-433-1575 Otho 515-972-4471 Palmer 712-359-2294 Pierson 712-375-5611 Pomeroy 712-468-2222 Rands 712-297-7579 Roelyn 515-549-3316 Rowan 641-853-2201 Sloan 712-428-3331 Turin 712-353-6336 Vincent 515-356-4185 Washta 712-447-6136 Whiting 712-458-2451 Woolstock 515-839-5531 Badger TM MEETING WITH THE MANAGER A DEDICATED TEAM This is the time of year that really exemplifies the strength of the employee team of NEW Cooperative. I am always amazed at what can be accomplished by a group of dedicated people working together. Our employee team has been hard at work on seven major construction projects that are either nearing completion, underway, or at the early stages of construction. Recently, the final piece of the new Rowan facility was By Dan Dix just completed with the addition of a UAN storage and bulk chemical facility, which is now ready for use this spring. This brings to an end the construction of NEW’s first green-field site, including both grain and complete agronomic facilities. This project took eighteen months to complete from start to finish. It is a great addition to the Dows and Rowan locations’ customer base. Support has been outstanding and we look forward to this facility serving area members for years to come. The new liquid terminal at Roelyn is nearing completion, and the dry terminal that is currently underway, is not far behind with a completion date later this summer. These two projects will allow NEW to service a larger geographic area out of one facility, as well as provide us more options for purchasing product. Another benefit from these facilities has been the opportunity to establish warehouse agreements with various fertilizer producers. In Pomeroy, construction of a new feed pelleting mill, (our 5th mill), continues on schedule with a completion date this coming winter. This mill will utilize much of the corn that originates in the Palmer, Knoke, and Pomeroy trade territories, and will serve as a new market for our members’ grain. Three other projects are slated to begin this spring, with late summer completion dates expected. In Washta, an additional 500,000 bushels of grain storage and increased grain receiving capacities will be a much-needed addition, and will dramatically improve grain delivery speeds throughout this facility. In Lidderdale, a new dryer will be added this year to guarantee a consistent flow of quality corn to our pellet mill, which today utilizes much of the grain delivered to our facilities in that area. Finally, in Cooper, plans are to build a dry fertilizer satellite plant similar to the one built in Rowan this past summer. This plant will be supplied by the Roelyn fertilizer terminal, and will allow our new customer base in the area to have a readily available source of dry fertilizer. It will also act as a distribution point for our custom application business in the area. Between all of these construction projects, our dedicated team of employees also accomplishes constant fertilizer and grain movement, field ...continued on back cover YOUR PARTNER IN THE FIELD

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