Happy New Year to each of you from the staff at Premier Cooperative and welcome to 2023. I hope everyone was able to take a break over the holidays and spend some much needed time with family and friends.
On January 18th we will be holding our 130th annual meeting of the members of Premier Cooperative. Reports from our CFO Andy Jones, board chairman Steve Burns, myself, as well as director election results and scholarship recipients will be part of the meeting.
While the calendar may have just rolled into the new year, your cooperative is already a quarter of the way through our next fiscal year. In addition to this time of year being very busy at your cooperative with feed and propane deliveries, conditioning and marketing this year’s grain, and preparing crop plans and securing inventory for 2023, we are also going over a long list of equipment, vehicle, facility, and other investments we’ll be making in 2023 and beyond to serve you better. Whether these investments involve replacing worn out vehicles or equipment, upgrading existing systems, or perhaps new expansion projects, each year your cooperative reinvests millions of dollars back into its infrastructure. While some purchases are cut and dried, such as replacing a truck, others can be a bit more of a challenge to measure the value and future return on investment of our members’ equity. This is something your board and employee team look forward to reviewing each year. Of course, investing in new equipment and buildings would be a waste if it wasn’t for the quality team of employees that are ready to put these assets and other technology to work for you each day.
Thank you for helping to make 2022 a successful year at your cooperative. We rely on your continued support to allow us to invest in the staff and fixed assets needed to help meet your needs while providing a safe and rewarding environment for the employee team. It remains our goal to be the Premier company for our customers and employees. While this is our goal, we also know we will not always exceed your expectations or ours. We do hope, however, that the trusted partnership our members/owners (you) and we have worked hard to build over the years will help all of us not only resolve challenges but will help us emerge as a better company to serve you in the future.
