Ridley Inc.
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Ridley Inc.
(Toronto:RCL)
|
34 Terracon Place Winnipeg, Manitoba R2J 4G7, Canada Tel. 204-233-8418 Fax 204-231-2402 |
Type: Public
On the web:
http://www.ridleyinc.com
Employees:
876
Employee growth: (3.3%)
Ridley keeps Canadian cows happy. And other barnyard animals as well. The company is a leading maker of animal feed, premixes, feed ingredients, animal-healthcare products, and nutritional supplements for cattle, hogs, poultry, and other animals. The firm also manufactures animal-care and livestock-handling equipment. The company's customers include cattle ranchers and dairy and poultry farmers located in Canada and the US. Its brand names include Feed-Rite and Hubbard feeds, Ridley Feed Ingredients, and Sweetlix feed supplements. Investment company Fairfax Financial Holdings in 2008 bought nearly 70% of Ridley from Ridley Corporation Limited.
Key numbers for fiscal year ending June, 2011:
Sales: $587.5M
One year growth: 7.3%
Net income: $8.7M
Income growth: 84.7%
Officers:
Chairman: Bradley P. Martin
President, CEO, and Director: Steven J. VanRoekel
CFO: Michael S. Mitchell
Competitors:
ADM Alliance Nutrition
Cargill
Land O'Lakes Purina Feed
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Ridley Inc.
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Ridley Inc.
| Type | Public |
|---|---|
| Industry | Farm Products |
| Headquarters | Winnipeg, Manitoba, Canada |
| Area served | Canada, United States |
| Key people | Steven J. VanRoekel, President & CEO |
| Products | Commercial livestock and poultry feeds, supplements, premixes and feed ingredients. |
| Revenue | US$603.4 million |
| Total assets | US$226.2 million |
| Total equity | US$149.0 million |
| Employees | 933 |
| Parent | Fairfax Financial Holdings Limited (NYSE:FFH and TSX:FFH) |
| Divisions | Feed-Rite, Ridley Nutrition Solutions; Ridley Feed Ingredients |
| Subsidiaries | Hubbard Feeds Inc. |
| Website | www.ridleyinc.com |
Ridley Inc. (TSX: RCL) manufactures and markets a broad range of complete feed rations, nutritional supplements, feeding blocks and vitamin/mineral premixes directly to livestock producers and through dealer organizations from 41 production plants in Canada and the United States.
The company has corporate offices in Mankato, Minnesota, USA. It has a Canadian head office in Winnipeg, Manitoba, Canada.
Ridley employs more than 900 people and manages 41 production operations in Canada and the U.S.. Ridley operates under the trade names of Feed-Rite in Canada and Hubbard Feeds in the U.S. Ridley's revenues in the 12 months ended June 30, 2009 were US$603.4 million.
The major shareholder of Ridley Inc. is Fairfax Financial Holdings Limited, a public company listed on the Toronto and New York Stock Exchanges (trading symbol FFH). Fairfax is a financial services holding company that, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Fairfax acquired the controlling shareholding in Ridley Inc. in November 2008 from Ridley Corporation Limited, the largest commercial stockfeed manufacturer and salt producer/refiner in Australia.
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