Heartland Co-op Engages FCStone Environmental to Manage Environmental Risks and Opportunities
February 10 2010 - 2:30AM
FCStone's carbon affiliate today announced a new consulting
agreement with Heartland Co-op, a leading agriculture co-op
providing products and services to its farmer members and patrons,
that will evaluate Heartland's risks and opportunities in the
context of upcoming and existing environmental regulations and
legislation. As part of the engagement, FCStone's carbon affiliate
will provide an annual environmental assessment of Heartland's
entire enterprise, as well as specific recommendations regarding
sustainability opportunities.
Coinciding with its new relationship with Heartland Co-op,
FCStone announced that its carbon affiliate will now be operating
as FCStone Environmental. The new name more accurately reflects the
full range of services offered to help companies develop their
sustainability programs and to understand, respond to, and manage
complex new environmental regulations and legislation.
"Heartland Co-op has grown tremendously over its 22-year history
and we are always looking to ensure our growth is managed properly,
and that we manage that growth in an environmentally sustainable
manner," said Larry Petersen, CEO of Heartland Co-op.
"Our new engagement with FCStone Environmental gives us
the added expertise and resources to develop and implement the
right strategies for our organization and members moving
forward."
"All aspects of the food production chain impact the environment
through use of natural resources during production. With more
stringent regulatory pressures, and rising costs of natural
resources, it's time for businesses in every industry to evaluate
their current practices," noted Mike Kinley, Chief Operating
Officer, FCStone Environmental, LLC. "FCStone Environmental is
committed to helping companies like Heartland become more efficient
and better prepared for a sustainable future, while at the same
time reducing costs."
About FCStone Environmental, LLC
FCStone Carbon, LLC, now doing business as FCStone
Environmental, LLC, was founded in February 2006, as a wholly owned
subsidiary of FCStone Group, Inc., an integrated commodity risk
management company providing risk management consulting and
transaction execution services to commercial commodity
intermediaries, end users, and producers. FCStone Group is a wholly
owned subsidiary of International Assets Holding
Corporation. For more information, visit www.fcstone.com or
call 1-515-223-3771.
Forward-Looking Statements
This press release may include forward-looking statements
regarding, among other things, our plans, strategies and prospects,
both business and financial. All statements other than statements
of current or historical fact contained in this press release are
forward-looking statements. The words "believe," "expect,"
"anticipate," "should," "plan," "will," "may," "could," "intend,"
"estimate," "predict," "potential," "continue" or the negative of
these terms and similar expressions, as they relate to
International Assets Holding Corporation and FCStone Group, Inc.,
are intended to identify forward-looking statements.
We have based these forward-looking statements largely on our
current expectations and projections about future events and
financial trends that we believe may affect our financial
condition, results of operations, business strategy and financial
needs. They can be affected by inaccurate assumptions, including
the risks, uncertainties and assumptions described in the Company's
filings with the Securities and Exchange Commission. In light of
these risks, uncertainties and assumptions, the forward-looking
statements in this press release may not occur and actual results
could differ materially from those anticipated or implied in the
forward-looking statements. When you consider these forward-looking
statements, you should keep in mind these risk factors and other
cautionary statements in this press release.
Our forward-looking statements speak only as of the date of this
press release. We undertake no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Accordingly, readers are cautioned not
to place undue reliance on these forward-looking statements.
CONTACT: FCStone Environmental, LLC
Mike Kinley, Chief Operating Officer
(515) 223-3731
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