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Around CGC

In this issue:

 ContiGroup Selects New Auditors
  New Website at ContiBeef
 Wayne Farms Extends Campbell Agreement
  ContiParaguay ... from the Air
 ContiFeed Acquires Fourth Premix Plant
  Laurel Complex Braves the Heat!
 Colorado Beef Achieves Two-Year Record
  Support for YMCA Programs
 CGC Announces National Merit Scholars
 

ContiGroup Selects New Auditors

In case you missed it, ContiGroup recently selected Deloitte & Touche as its new auditing firm. Deloitte replaces Arthur Andersen and will handle both the external audit and tax outsourcing functions for ContiGroup.

David Lee, Vice President of Financial Analysis and Control, notes that ContiGroup began the selection process several months ago when it became clear that Arthur Andersen could no longer conduct business on a worldwide basis. Deloitte was selected for its experience and expertise in many of the industry segments in which ContiGroup operates. In addition, the selection was driven in part by a desire to retain the services of CGC's ongoing tax advisory staff, most of whom had moved from Andersen to Deloitte.

David notes, however, that bringing in a new external audit team is nonetheless a major effort. "We need to help them get familiar with the company, and this represents a significant investment of time and resources on their part and on our part."

Arthur Andersen had been ContiGroup's auditing firm for 25 years and completed its final audit for the company last month. David and ContiGroup CFO Michael Zimmerman expressed thanks for the dedication and skill of the many Andersen employees who worked with ContiGroup over the years. "We were very well served by AA," says Michael, "and wish good things in the future for all the individuals who worked with us."





 

Wayne Farms Extends Campbell Agreement

It is with a great sense of pleasure and excitement that I am announcing the extension of our partnership with Campbell Soup Company. Effective April 24th, 2002, Wayne Farms LLC and Campbell Soup Company reached an agreement to extend our strategic business relationship through July, 2009 from the original agreement expiration of February, 2005.

This accomplishment and testament to your dedication and hard work is making Wayne Farms LLC the partner of choice for one of the most recognizable food companies in the market. In today's world of intense competition and oversupply, our charge of adding value in all we do provides the platform for success in our partnerships and continuously defines the direction to allow us to "delight Campbell's."

I want to personally thank everyone for your hard work, your dedication and your daily efforts to make Wayne Farms LLC the true partner of choice for Campbell Soup Company.

--Elton Maddox





 

Asian Industries News--

ContiFeed Acquires Fourth Premix Plant

ContiFeed has acquired a fourth premix plant in Changchun, a corn-producing region in northeast China and a prime market for premixes and concentrates. This low cost production facility, scheduled to begin operation in the fall, will allow AI to further increase ContiFeed's market growth in China. The Changchun plant will bring additional pelleting capacity for prestarters and aqua feeds. The production line will be the same as the Tanggu plant which started production in 2000, and had less than a one-year payback period.





 

Colorado Beef Achieves Two-Year Record

On April 23, Colorado Beef celebrated another year without a lost-time accident, making it two years straight.

This two-year accomplishment represents approximately 250,000 work hours, 532,690 tons of feed produced, 223,323 head of cattle shipped, and 288,000 miles driven. Colorado Beef celebrated this milestone with a hamburger lunch, where employees were given "Beef Bucks" as a reward for their dedication and commitment to the safety of themselves and others.

"We are proud of our team's achievement and we are committed to the ongoing safety of our employees," said Greg McLean General Manager at Colorado Beef. Congratulations to all on this great achievement.

--Troy Sander

Colorado Beef marks two years without a lost-time accident.






 

CGC Announces New National Merit Scholars

The National Merit Scholarship Corporation has awarded scholarships sponsored by the ContiGroup Foundation to two high school seniors. Darren Pledger, son of Harold Pledger, Live Production Manager at Wayne Farms' Danville complex, will attend Arkansas Tech University in Russellville, Arkansas. Whitney Reynolds, daughter of Roderick Reynolds, Feed Mill Manager at Wayne Farms' Enterprise, Alabama facility, will attend Auburn University this fall. The two scholarship winners and their families will be honored at a luncheon in New York on July 12th. Congratulations to both Darren and Whitney!

--Celeste Schubert





 

New Website at ContiBeef

After months of work, ContiBeef has successfully launched its new website, ContiBeef.com. Work on the project began last September, when a task force of 12 came together to plan the site and to begin preparing content. By December, the committee had completed most of this work and sent it to the lead designers, Rose Harrington of Hartley Feeders and Jim Stroh of Grant County Feeders. Rose and Jim came back to the full committee with a number of design proposals, and then took charge of the final layout and programming.

Task force members also included Greg McLean, Adriane Lockhart, Suzanne Foley, Suzanne Griffin, Matt Buyers, Chip Bowers, Garry Chumley, Dan Olson, Jack Donahue, and Russ Danner.

"We wanted to make sure that we had buy-in from everyone on the task force," says Jim, "and that we created a site that represented all parts of ContiBeef."

In addition to the ContiBeef and corporate sites, CGC websites also include waynefarmsllc.com, psfarms.com, and contiasia.com.





 

ContiParaguay ... from the Air

A recent aerial photo of the ContiParaguay plant in Capiata, one of a series taken to document changes in the plant's layout. A major supplier and manufacturer for Unilever, ContiParaguay employs more than 300 people and produces a wide of range of industrial and consumer products including crude oils, oilseed proteins, refined vegetable oils, margarine, shortening, soaps, and detergents.






 

Laurel Complex Braves the Heat!

More than 300 employees of Wayne Farms Laurel complex braved the heat on June 7th to participate in the American Cancer Society's "Relay for Life."

The several fund raising events included the sale of cookbooks with recipes from Wayne Farms employees, Wayne Farms T-shirts, bandanas, and a dunking booth day where employees paid for a chance to dunk department managers and supervisors during their breaks. One dollar bought the chance to dunk Complex Manager Glenn Caves. He raised $75.00 for his effort. Employees paid one dollar for three chances to dunk the other managers and supervisors. Hot dogs and hamburgers were also sold that day. Employees also purchased Relay for Life Memorial/ Honor cards that covered one entire wall of the break room.

The night of the relay, Wayne Farms fielded two coed softball teams to play in the tournament. No trophies but a lot of fun! Jimmy Long, Maintenance Supervisor, and Mike Parker, Compliance Manager, cooked chicken, hamburgers and hot dogs for every one who attended.

When the sun began to rise Saturday morning, the awards ceremony began. The Laurel Complex is very proud of their achievement. Wayne Farms was presented with a Sponsor's Plaque. First place plaques received were Most Money Raised by a Team, Team With Most People Present (336), Walking Team with the Most Laps (611), and the Sunshine Award for having the most team members present at the close of the relay. A second place plaque was received for Most Spirited Team. First place ribbons were won for the Pajama Contest (Vanette Smith) and Best T-shirt. Third place ribbons were received for Best Tent, and Bo Gieger and Deborah McSwain tied for the Dirtiest Sneakers.

A great time was had by all!

--Margaret Morgan

Glenn Caves, Laurel Complex Manager, prepares to get dunked--again--at the fundraiser for the American Cancer Society's Relay for Life in Laurel. In all, the Laurel complex raised more than $5,000 for the American Cancer Society.





 

Support for YMCA Programs

Continuing its long-standing support for the YMCA, The ContiGroup Companies Foundation recently helped sponsor the organization's Dodge Dinner in New York. In addition to its annual sponsorship of this event, the Foundation also contributes $25,000 each year to the "Virtual Y," an after-school program for elementary students in New York. By making the YMCA's programs available at local schools, the "Virtual Y" is able to reach a much larger group of young people. The Dodge Dinner included performances by local youth, showcasing their talent and the successes of the YMCA.

Above, from left, Robin Derin, Valerie Axelrod, Richard Anderson, Amber Evans, and Teri McCaslin of the New York office at the Dodge Dinner for the YMCA.

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