He
thanked the retiring members of the Board of Directors
of Golden Oval
Eggs for their "outstanding service in growing Golden Oval Eggs into
industry leadership
and solid investment opportunity for unit
holders. She also stated the company plans to
continue
improving accessibility of company information as needed.
Golden Oval Eggs has seven members on its
board of managers and
all seven seats were up for election at this meeting. Board officers
will
be elected at the next meeting of the Board, which has not yet
been scheduled. Hebrink has broad
managerial skills in
leadership and executing business plans. Actual results could differ materially
from these current
expectations and projections, and from historical performance. Further
discussions
of these matters and information regarding the
restructuring can be found in the securities filings
of Golden Oval
Eggs, LLC through the Securities and Exchange Commission's Electronic
Data Gathering
and Retrieval (EDGAR) system at www.
operative grocers
Dean Foods Company to Webcast Annual Meeting of Stockholders
deanfoods. He stated 2004 allowed the company to complete the Thompson
complex, including the new
feed mill and associated equipment. He has a grain and livestock operation
with his father and brother
northwest of St. He has owned and managed his farm since 1979,
where he raises corn and soybeans
in North Central Iowa. liquid egg markets and fluctuations
in the cost and availability of resources
and supplies.grower cooperatives
He said the company's progress has been made through careful and
deliberate steps
. They raise
corn, soybeans, millet and alfalfa. Their livestock enterprise is a
multi-site farrow
-to-finish hog operation. He formerly
served as Vice Chairman of the Board and served as Secretary
this
year, a position in which he has previously served. He is an
officer of the Knights of Columbus
, a past officer of the Morgan
Sportsman's Club, and a member of the Morgan Jaycees. Previously, he
was Assistant Vice
President in the Agribusiness Division of Norwest Bank and at St.operative grower
Chief Financial
Officer Doug Leifermann reviewed the
record-breaking financial performance at fiscal 2004-year end
. He currently serves on the
Ag Ventures Alliance. He also helped organize and currently
serves
on the boards of the Iowa Renewable Fuels Association and BIOWA
Development Association.oberti eggs
Breitkreutz
, Chan and Edgington will serve 3-year terms,
Hebrink and Wilson will serve 2-year terms, and Petersburg
and Tauer
will serve 1-year terms.
During the meeting, Chairman of the Board of Directors Breitkreutz
briefly reviewed the year's changes. Ansgar, Iowa. Brad and two partners also formed Rural
Development
Associates, which provides business development services
to agribusiness clients. He served as Vice
President and Chief Financial Officer of AgStar Financial Services,
ACA from 1986 through 1995
. He is President of the Clarkfield Lions
Club and the Clarkfield Lutheran Church.cooperatively ranked
com and by clicking
on "Webcasts. WhiteWave Foods markets and sells a variety of well-known dairy and
dairy-related
products, such as Silk(R) soymilk, Horizon Organic(R) dairy
products and juices, International Delight
(R) coffee creamers and LAND
O'LAKES(R) creamers and cultured products. Dean Foods Company also owns
the fourth largest dairy processor in
Spain and the leading brand of organic dairy products in the
United Kingdom.
Chris Edgington, 43, has served as Vice Chairman this year and was
reelected for
a three year term ending in 2008.
Brad Petersburg, 48, was reelected to a one-year term.grower cooperatively
Its Dairy
Group is the largest processor and distributor of fresh
milk and other dairy products in the country
, with products sold under more
than 50 familiar local and regional brands and a wide array of private
labels.----Approximately
250 people attended the Golden Oval Eggs eleventh annual meeting held
Tuesday
, March 15 in Morton, Minnesota.
Marvin Breitkreutz, 61, has served on the Golden Oval Eggs Board
of Directors since its inception in 1994 and was reelected for a three
year term ending in 2008
.SEC.layer highly
About Dean Foods
Dean Foods is one of the leading food and beverage companies
in the United
States. Despite the strong
performance in operations, Golden Oval Eggs anticipates
lower egg
pricing in comparison to the prior fiscal year to adversely impact
earnings.
Randy
Tauer, 42, was reelected to a one-year term.
Also elected for the first time for a two-year term
, Paul Wilson,
50, is Vice President/Loan Officer of the F + M State Bank in
Clarkfield, Minnesota
.com
This release contains discussion of some of our expectations
regarding Golden Oval Eggs
, LLC's future performance.
cooperative dairy
Marvin Breitkreutz
and his wife operate a farm near Renville, MN where
they raise sugar
beets, corn and soybeans. Petersburg has served various
roles in developing farmer
-owned, value-added business ventures
including: founder and board member of EXOL; founder, board
member and
project coordinator of Midwest Grain Processors; and founder and board
member of Ag
Ventures Alliance. Paul
Bank for Cooperatives.htm
Sites of cooperatively grown food.
traverse foodstuffs
He
is
also a past township supervisor and past chairman of the Renville
County Farm Bureau and Scenic
City Cooperative Oil.
Mark Chan, 45, has served on the board since its 1994 inception
and was
reelected for a three year term ending in 2008.S.grocers olive
"
In order to listen to the webcast, users will
need to have installed
either Real Player or Windows Media Player software, which can be detected
and
downloaded by visiting the site. Breitkreutz told unit holders
2004 was a record year for
Golden Oval by any measurement.highly grocers
President and Chief Executive Officer Dana Persson reported on the
state of the egg industry and the core strengths of Golden Oval Eggs.
Other company information
is available online at
http://www.oberti foodstuffs
The company's Specialty Foods
Group is the nation's leading
manufacturer of private label pickles and non-
dairy powdered coffee creamer, and maker of a variety
of other specialty food
products.
Contact: Barry Sievert
Senior Director
, Investor Relations
(214) 303-3437
Business Editors/Food/Beverage
Editors
RENVILLE, Minn. Unit holders reelected Marvin
Breitkreutz, Mark Chan, Chris Edgington
, Brad Petersburg and Randy
Tauer, and elected Rodney Hebrink and Paul Wilson to the board of
managers
. To continue to grow unit values, the company is
exploring opportunities in further processing production
.
Vice President and Chief Administrative Officer Marie Staley
reviewed the company's growth to
255 employees, and noted activities
and accomplishments of employees. Mr. He raises corn, soybeans
, sweet corn and
peas, and manages a farrow to finish hog operation.bylaws traverse
Golden Oval Eggs Eleventh Annual
Meeting Attended by 250 Members; Breitkreutz Chan Edgington Petersburg and Tauer Reelected; Hebrink
and Wilson Added to Bo
Restructured as a Limited
Liability Company effective September 1, 2004, today
Golden Oval Eggs
is a leader in the liquid egg industry, ranked among the top 10
processors, serving
customers throughout the United States and Canada.grocers eggs
The webcast can be accessed by visiting
http:
//www.
The company's WhiteWave Foods subsidiary is the nation's leading organic foods
company.
Mr. He
highlighted the effects of the LLC conversion and stated the strong
position the company
is in is due to its predictable business model,
consistent production and scale of operation. He
lives in Maple Lake,
Minnesota.highly ranked
In closing, he expressed appreciation for the employees in
building
a strong company.lea grower
In addition to meeting business, management
will review the company's operations
and comment on its outlook for the
balance of 2005. He previously served on the Ag Ventures
Executive
Board, was President of Cedar Valley Pork (a hog supply
purchasing group), President of Mitchell
County Pork Producers, member
of the Iowa Pork Producers, the Iowa Extension Council, and President
of the Mitchell County Extension Board. Mr.operative grown
He is involved
in a family farm corporation, raising
corn, soybeans and green peas
near Renville, MN.goldenovaleggs.lea headquartered
cooperatively oval
CT. A webcast replay will be available
for
approximately 45 days following the event within the Investor Relations -
Audio Archive section
of the company's site. Chan is a past
director of Co-op Country Farmers Elevator and ValAdCo. He
is currently on
the Prairie Farmers Coop Board in Dawson, and is a member of the Corn
and Soybean
Producers and Pork Producers of Redwood County.
Golden Oval Eggs was established in 1994 as an agricultural
cooperative whose ownership grew to more than 700 farmers committed to
assuring the future of
the family farm.goldenovaleggs.bylaws ranked
Vice President of Operations Terry Heying reported on the current
projects at the Minnesota and Iowa sites, and the continued strong
cost controls and competitive
performance of operations. She
discussed the unit transfers as an LLC, the unit price and the new
tax
forms as a result of the company conversion to an LLC. She spoke on
the significant economic
impact Golden Oval Eggs has on the
communities in which it operates in Minnesota and Iowa. He has
served as Chairman of the Board since
2002, and is past Vice Chairman. He has served
on the Board
since 2003. He farms near
Morgan, Minnesota in Redwood County
Elected to the board for the first
time for a two-year term,
Rodney Hebrink, 48, is Senior Vice President of AgStar Financial
Services
, ACA, a position he has held since 1995. These
forward-looking statements are based on our current
views and
assumptions.midwest grown
For
example, our future results could be affected by such factors as: the
competitive dynamics in the U.lea grower
m. He thanked
the members for their overwhelming support for conversion
to an LLC in
August." He spoke individually to the contributions of Tom Jacobs,
member of the
Board of Directors since the company began; and Jeff
Woodley who joined the board during the Iowa
expansion in 2000.gov
Photos of Board of Managers are available online at
http://www.com/board
.midwest cooperatively
He first served as an
advisory board member to the board during the Iowa expansion in 1998
and
ever since as director. He has
served on the Board since June 1998, formerly as Chairman, Vice
Chairman
and as an advisory member. Mr. He serves on the boards of the Economic
Development Association, the
Upper Minnesota Valley Business
Development, and is a member of the development board for the
Clarkfield
Charter School. He lives in Clarkfield,
Minnesota.headquartered lea
DALLAS, Dean Foods Company (NYSE: DF)
will
host a live audio webcast of its Annual Stockholders' Meeting on Tuesday,
May 24, 2005 at 10:00 a
. He provided
an update on the new feed mill, grain storage and shell recovery in
Iowa. He has
served on the Southern
Minnesota Sugar Cooperative Board and as a member of the audit and
pension
committees, is currently Vice-Chairman of the Red River Valley
Farmers Insurance Pool and served
as board chair for four years. A fifth generation farmer, he has ownership in
a turkey operation
.grower egg
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