Envision nets records
At a joint meeting with the Rugby Farmers Union Elevator at Rugby High School March 27, Envision reported record sales and net proceeds to its stockholders.
At the end of the previous fiscal year, Envision reported about $76 million in sales and estimated net earnings of over $3.2 million.
Envision’s board of directors elected Brad Fritel as a new director. He will replace his father, Steve, who decided not to run for another term. R’Jay Paul was elected to another term. Each term lasts three years.
Envision General Manager Steve Dockter said that also reported at the meeting was the purchase agreement with Gooseneck Implement. In the future, the company will buy the building when Gooseneck’s owners move to their new site.
Also discussed was employees who had been with Envision for 15 years and longer, how the elevator loads and dumps trucks, and supply issues with propane this winter.
“We did not have any of our customers out of propane because of supply issues,” Dockter said. “That was no small feat. My energy guys deserve all the credit for that.”
Dockter also said that the price of propane hurt, as it jumped from $1.89 to $4.89 this winter. Envision has added another truck and storage for propane.
“We’re trying to put ourselves in a position where we’re not at the mercy of a short market,” Dockter said.
An estimated 130 people stayed for the meeting, after a meal planned for 325 was served by Groves’ Catering.
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