Minn-Dak Farmers Cooperative · Wahpeton, ND United States
Company Description
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This link will open in a new window Minn-Dak Farmers Cooperative walks the beat for the sugar beet. Minn-Dak serves sugar beet growers in the Red River Valley of Minnesota, North Dakota, and South Dakota. Located in Wahpeton, North Dakota, the co-op processes the sugar beets into sugar and products such as molasses and beet pulp pellets (used in animal feed); the products are then marketed through agents worldwide. The co-op's Minn-Dak Yeast segment produces fresh bakers' yeast. Minn-Dak Farmers Cooperative is owned by its farmer/members, a group of some 480 sugar beet growers. Founded in 1972, its customers include industrial users such as confectioners, breakfast-cereal manufacturers, and bakeries. To read the full description, subscribe now.
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Key Minn-Dak Farmers Cooperative Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | August |
| 2008 Sales (mil.) | $243.6 |
| 2008 Employees | 307 |
Minn-Dak Farmers Cooperative Executives
22 executives listed for Minn-Dak Farmers Cooperative's Wahpeton, ND location.
| Title | Name & Bio | Contact |
| Chairman (District #4 -Factory East) | Michael Hasbargen | Network |
| Vice Chairman (District #8- Lyngaas) | Douglas Etten | Network |
| President and CEO | David Roche | Network |
Competition
Competitive Landscape for Minn-Dak Farmers Cooperative
Consumer taste and population growth drive demand in the consumer sector, while economic growth of businesses, like restaurants and hotels, drives demand in the commercial sector. The profitability of individual companies depends on effectively managing raw ingredient costs, efficient operations, and effective marketing. Large companies have scale advantages in purchasing, distribution, manufacturing, and marketing. Small companies can compete effectively by offering specialized products or serving a local market. The industry is capital-intensive: average annual revenue per worker is about $600,000. Coffee and tea manufacturers face intense competition from other beverage companies, especially soft drink, bottled water, and juice manufacturers. Although the US coffee market is in long-term decline, the US is the largest coffee consumer in the world. To read the full description, subscribe now.Top Minn-Dak Farmers Cooperative Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!