by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Agrimarketing : October 2008
21ST CENTURY To respond to these challenges, a number of conversations were held between the company’s management, board and patrons. From the fruits of these efforts rose Aurora West — a multi-faceted, 142-acre agribusiness campus that became the largest endeavor in the cooperative’s history. “It took a lot of effort by patrons, employees and the board to get the pieces of the puzzle together and make Aurora West happen,” Hohwieler said. “Today, Aurora West represents a class-leading model of how North American agri- business will operate in the 21st cen- tury and beyond.” The campus includes a 226 mil- lion-gallon-per-year ethanol plant, which is under construction; a state- of-the-art grain handling facility; a dry fertilizer complex, and a double loop railroad system serving the entire Aurora West complex. A 75,000 square foot warehouse leased by a seed company occupies a corner of Aurora West, while in the opposite corner a 50 million gallon ethanol plant has been operating since 1994. There is also land available for future development. The cooperative built and oper- ates the grain and fertilizer termi- nals and is the exclusive grain sup- plier to the existing and new ethanol plants. Aurora Cooperative will also market much of the Aurora Cooperative’s new grain terminal in the Aurora West campus will deliver corn to two adjacent ethanol plants via conveyers. It can also load and unload shuttle trains. (Inset) The original wood elevator was built in 1908. The flour mill at the back of the structure was built in 1913 and converted to a feed mill in 1938. This structure stood until 1965 when a new office building was constructed. ethanol co-product distiller’s grains to local livestock operations. “The facilities planned and built by Aurora Cooperative at the Aurora West campus will allow us to better serve patrons and customers, and AURORA COOPERATIVE MILESTONES 1908: Aurora Cooperative is formed. 1934: Omaha Bank for Cooperatives was organized, providing the cooper- ative with an operating loan during the Great Depression and wide- spread drought. 1943: The cooperative’s bylaws were changed to allow patrons who could not previously own stock to earn shares; this significantly increased business. 1955: The company’s first anhydrous tank allows it to cut anhydrous costs by members in half. 1959: Aurora Cooperative becomes the second-largest grain elevator com- pany in the state. 1962: Sales reach $3.0 million; the only debt is on a feed mill built the prior year. 1975: Sales surpass $33.0 million. 2001: Online statement viewing becomes available. 2006: Groundbreaking takes place for Aurora West, the largest project in the company’s history. 2007: Sales reach $475.0 million, grain storage capacity stands at 38.2 mil- lion bushels and the company has operations in 43 locations. 2008: Aurora Cooperative celebrates 100 years. provide important efficiencies dur- ing these exciting times in agricul- ture,” Hohwieler said. “It is impor- tant to continuously assess, make improvements and move forward. Aurora West helps Aurora Coopera- tive do just that.” He said Aurora West is the latest move the farmers and agribusiness people who make up the Aurora Cooperative made to remain “stead- fastly progressive.” Hohwieler said members expect the company to adapt as the market- place evolves, to drive change within the cooperative and to work as hard as they do — all while maintaining the values and integrity the coopera- tive was founded upon. “As years turned into decades, this business philosophy and deter- mination built a reputation that has served the cooperative well,” he said. “Our name stands for some- thing and has 100 years of history behind it.” AM October 2008 ¦ AgriMarketing 57
November December 2008