CTB Participates in Berkshire Hathaway Annual Meeting of ShareholdersMILFORD, Ind., May 4, 2011 – CTB, Inc. participated in the Berkshire Hathaway annual meeting of shareholders on Saturday, April 30 in Omaha, Nebraska. CTB displayed its range of products for the markets it serves alongside other Berkshire Hathaway subsidiary companies. Reports estimate this year's annual meeting attendance at roughly 40,000.
CTB's display highlighted the company's key market areas including equipment for storage, handling and drying of grain; production of poultry, pigs and eggs; Laake®stalls for equine facilities and products for various industrial applications. The company's two most recent acquisitions – Ironwood Plastics and Shore Measuring Systems – were featured in the exhibit, as was a new biometric system for measuring the weight of pigs called "eYeScan" developed by CTB's Fancom subsidiary.
Another feature of the display was a time-lapse video showing the construction of two of CTB's award-winning Brock® M Series™ grain bins. The bin construction video, which is posted in the commercial grain bin section of BrockGrain.com, shows two 132-foot (40.2-meter) diameter bins being built side by side. The M Series™ line also includes a 156-foot (47.5-meter) diameter model with a maximum capacity of 1.34 million bushels of grain.
CTB, Inc. is a leading global designer, manufacturer and marketer of systems and solutions for the production of grain, poultry, pigs and eggs, as well as for various equestrian and industrial applications. Its products and services are "Helping to Feed a Hungry World®" through improved efficiency and air quality management in the care of poultry and livestock as well as in grain storage, handling, conditioning and drying. Founded in 1952, CTB has been dedicated to "Leadership Through Innovation®" throughout its history. The company operates from multiple locations in various countries around the world and serves its customers through a worldwide network of independent dealers and distributors.
CTB continues to focus on its strategy for growth, which includes expanding its global physical presence, as well as extending its competitive advantage through accretive acquisitions and/or other beneficial business arrangements, emerging as the best cost manufacturer in the industries it serves, emphasizing its product-driven focus and enhancing its financial strength. The company became a wholly owned subsidiary of Berkshire Hathaway Inc. in 2002.