WEBVTT

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>> IT'S TIME TO GO INSIDE
INNOVATION BROUGHT TO YOU BY
ALLEGION, PIONEERING SAFETY.
TWO SOUTHERN INDIANA

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COOPERATIVES HAVE JOINED FORCES
TO CREATE WHAT THEY CALL A
PREMIER LEADER OF AGRICULTURAL
AND ENERGY SERVICES.

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WHITE RIVER COOPERATIVES AND
PREMIER AG CO-OP HAVE MERGED,
CREATING PREMIER COMPANIES.
PREMIER WAS STARTED IN 1927 AND

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GREW TO MORE THAN 3000 FORMER
MEMBERS.
I'M PLEASED TO WELCOME TO THE
SHOW CEO HAROLD COOPER WITH

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MORE ON THE MERGER AND WHAT IT
MEANS.
HAROLD, THANK YOU FOR JOINING
US AND CAN GRADUATIONS ON THE

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DEAL.
>> THANK YOU, THANK YOU FOR
HAVING ME.
>> YOU ARE THERE IN JACKSON

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COUNTY.
AS WE WERE TALKING OFF CAMERA,
THOSE THAT DON'T KNOW PREMIER
WAS THE VERY FIRST AGRICULTURE

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CO-OP IN THE STATE OF INDIANA.
>> THAT IS CORRECT.
FEBRUARY 9, 1927.
>> LET'S TALK ABOUT THIS DEAL.

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THIS CONTINUES A TREND OF
CONSOLIDATION IN THE CO-OP
INDUSTRY IF YOU WILL.
WHAT REALLY ATTRACTED YOU TO

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WHITE RIVER COOPERATIVE AND
PROMPTED YOU TO GET THIS DEAL
DONE?
>> COUPLECO-OPS HAVE SEEN THE N

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REMAIN COMPETITIVE IN
AGRICULTURE BUSINESSES THAT
CONTINUE TO GROW.
AS WE LOOK FOR MERGER PARTNER

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TO ACHIEVE THAT GROWTH WE
WANTED TO DO THINGS TO TRY TO
ALIGN CULTURALLY AND IF THERE
WAS OTHER NATURAL THINGS WE HAD

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SYNERGIES WITH.
OHIO RIVER WE SHARE WITH WHITE
RIVER CO-OP.
WERE TWO OF THREE CO-OPS THAT

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ARE IN LIVESTOCK PRODUCTION.
WE SAW THE CULTURE AND SOUTHERN
INDIANA AND THE LIVESTOCK AS
REASONS WE WANTED TO GET

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TOGETHER.
>> SIZES A BIG DRIVER IN THIS.
AS YOU LOOK AT THIS DEAL IT
ESSENTIALLY GIVES YOU SOUTHERN

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INDIANA IN YOUR FOOTPRINT.
WHAT WILL THAT MEAN FOR FARMS?
I KNOW IN TERMS OF YOUR
DIVISIONS AND WHAT YOU FOCUS

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ON, ENERGY IS A BIG FOCUS.
>> YES IT IS.
IN FACT, WE ARE ONE OF THE
OWNERS OF COUNTRY MARK, A

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FARMER OWNED REFINERY IS MOST
OF IT SCREWED RIGHT HERE IN
ILLINOIS BASIN.
WE ARE 20 PERCENT OWNER OF

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THAT.
WE DO HUNDRED MILLION GALLONS
OF THAT.
FOR US, IT WAS AROUND.

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[NAME] AGRICULTURE.
FROM A COMPETITIVE STANDPOINT
COMPANIES THAT HAVE
INTERNATIONAL PRESENCE THAT

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REALLY HAVE THE MEANS AND SCALE
AND BROUGHT ASPECT.
WE THOUGHT IT WAS IMPORTANT TO
TRY TO PRESERVE THAT FORM HER

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OWN FEELING IN A MARKET.
THIS MERGER ALLOWS US AS A
COOPERATIVE -WE ARE NOT THE
SIZE OF A CAR DEALER.

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IN THIS GEOGRAPHY WE CAN DO
BUSINESS WITH ANYONE ON A PEER
TO PEER BASIS AND MAKE FORMER
OWN CHOICE AND FARMER OWNED

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INFLUENCE IMPORTANT.
>> YOU ARE ALSO VERY EXCITED
ABOUT THE PROSPECT OF
INVESTMENT WHEN IT COMES TO

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SUSTAINABILITY.
>> YES, IT'S EXCITINGOR
YEARS, NOT JUST THE COPS BUT
FOR YEARS I THINK DONE A NICE

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JOB WITH OUR GROWERS OF
UNDERSTANDING SLOW CAPABILITIES
AND UNDERSTANDING HOW MUCH THE
CLIMATE TO BUY THE OPTIMIZE

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YIELDS AND MAXIMIZE ABILITY.
NOW WE ARE COMMUNICATING THAT
SUSTAINABILITY PRACTICE AND
KNOWLEDGE TO THE CONSUMER AND

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FOOD CHANNEL.
IT GIVES US A CHANCE TO ASSURE
A MARKETPLACE AND ASSURE
CONSUMER THAT WHAT WE DO HERE

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TO BRING FOOD AND ENERGY AND
EVEN FIBER TO A NATION WE DO
WITH IN SUSTAINABLE AND
RESPONSIBLE MANNER.

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>> PREMIER COMPANIES GROWING
WITH ACQUISITION OF THE WHITE