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Equipment and Facilities AGRA's primary focus is on the design, manufacture and sale of equipment for the seed corn industry, as well as the design and construction of seed corn processing facilities. Manufactured equipment includes corn dryers, choppers, conveying systems, bulk storage and conditioning towers. We also have expertise in the design and construction of feed mills and ethanol plants. Our primary advantage over our competitors is our willingness to make a commitment to improving the technology used in the seed industry. We have patents outstanding on a number of items including a revolutionary seed corn dryer and bucket elevator. The new seed corn dryer has enabled our customers to reduce the time it takes to dry corn. This speeds up the production process and results in savings due to reduced energy use, reduced payroll, and in some cases, the ability to reduce the number of dryers in a facility. AGRA constructed the first dryer of this type in 1997 for Mycogen Seeds at Marshalltown, Iowa. The dryer lived up to expectations and was a success. The anticipated reductions in drying time and energy costs were realized. Damage to seeds during production is a major concern to customers. Every seed that gets damaged reduces the customer’s bottom line. The Company is continually focusing on ways to improve the equipment used during the production process to reduce the amount of damage caused. One such innovation is the improvement we have made to bucket elevators. We have re-engineered the standard design of the bucket elevator. The improvement results in less damage to seeds during transportation and reduces the amount of spillage common to other types of elevators. AGRA will continue to focus on areas to improve the equipment used in the seed industry. This has enabled us to be a leader in the area of new technology and on the leading edge, as well as keeping customers satisfied. Our ability to construct high quality and profitable feed mills is also well known. In 1997, the Company constructed two of the three new feed mills constructed in Wisconsin.
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One such innovationis the improvement the Company has made to bucket elevators. The Company has reengineered the standard design of the bucket elevator. The improvement results in less damage to seeds during transportation and reduces the amount of spillage common to other types of elevators.
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