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PSF Sales and Marketing Sees 'Exciting Times Ahead'

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From PSF Perspective --

Premium Standard Farms has always made the extra effort to satisfy its customers. Going into the future, the company will place additional focus on responding to the needs of consumers.

"As part of our new vision, Premium Standard Farms is moving away from focusing on manufacturing," said Mike Townsley, Senior Vice President of Sales and Marketing. "Collaborating with customers and focusing on their needs are at the heart of our new vision and marketing strategy."

Currently, 58 percent of the company’s sales volume is in the form of basic products (products that have not been processed in any way to enhance their value). Over the coming years, the focus will be on moving some of the volume into production of products that have value added to them.

The added value could come in many forms. Case-ready production is one example of a value added process. Other value-add alternatives are to increase the volume of enhanced pork and/or marinated products and to further process products according to the needs of our customers. The company will increase production of these types of products when appropriate.

"Premium Standard Farms must work closely with its customers and develop new customer relationships," says Mike. "We will also focus on finding ways to support the customer’s marketing strategies. This will provide them and us with additional value."

Developing new products is a major part of the company’s new vision. The focus will be on developing products that are better or different from existing products. The marketing and sales team has added two new positions to aid this process. Mike Rouse is the Director of Business Development, and Ann Oades is the Director of New Products and Marketing Services.

The Premium Standard Farms Sales and Marketing team is embarking on a new strategy aimed at increasing collaboration with customers on a regional basis. From left, Dan Dubbert, Director, Processor Sales; Kent Pummill, Sales Controller; Mike Townsley, Vice President, Sales and Marketing; Ann Oades, Director, New Product and Marketing Services; Doug Miller, National Director, Retail Sales; Frank Wullenwaber, Northeast Food Service Sales Manager; Eldon Weber, Managing Director, International Sales; Mike Rouse, Director, Business Development; Joe Belek, Director, Food Service Sales and Marketing.

"We are not wanting to become the largest pork company in the nation," says Ann. "What we want to do is develop superior branded products at a premium price." Though Premium Standard Farms has customers across much of the nation, the focus will be on providing for the needs of customers on a regional basis.

"Some of our key employees from throughout the company will be asked to assist us as we work in alliance with new and existing customers," says Mike Townsley. "We will see some exciting times in the coming years."




New Program Offers Help for Home Buyers

PSF's Missouri employees can get more than financial assistance as they look at making their largest and most important purchase: buying a home.

Following the announcement of Premium Standard Farms' Employer Assisted Housing (EAH) program in Missouri, which provides forgivable loans for down payment and closing cost assistance, a series of homebuyer information workshops were held in Milan on October 29.

"A number of plant and farms employees attended to learn the steps in buying a home from representatives of Wells Fargo Home Mortgage," said Jason Helton, Community Development Manager. A representative from the Missouri Housing Development Commission also presented information about programs available for first-time homebuyers.

To help those interested in starting the homebuying process, the Wells Fargo representatives returned to the Missouri Processing Facility on November 14. They assisted individuals on a personal basis, working with them to look at their credit history and provide them with a prequalification for a mortgage. The prequalification gives applicants an idea of how much money they can borrow in order to purchase a home.

Jason says the sessions with the Wells Fargo representatives are a way to equip employees with the right tools. “We want to make sure people understand the homebuying process so that they make the right decisions along the way,” says Jason. Additional homebuyer education sessions will be planned in the future.

The EAH program provides eligible applicants with either a $2,500 or $5,000 forgivable loan (depending on the purchase price of the home) at 0% interest to help with down payment and/or closing costs for the purchase of a home in Sullivan County, Missouri. For each full year a successful applicant remains employed with Premium Standard Farms, one-fifth of the loan will be forgiven. After five years, the loan will be completely forgiven. "We view this as an investment in our people," said Jason. "By providing incentives toward homeownership, we enhance our ability to recruit and retain a valued and experienced work force."

--Cliff Gauldin, Premium Standard Farms

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