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January 9, 2006
Starting
in February, Five Rivers Cattle Feeding Company will call Centerra home.
The world’s largest cattle feeding company is relocating its corporate
headquarters to the award-winning Loveland community, and will occupy
9,600 square feet at 3855 Precision Drive, next to the new headquarters
facility of Heska Corporation.
Five
Rivers formed in May 2005 as an independent joint venture between
ContiGroup Companies and Smithfield Foods, Inc. Currently operating 10
feed yards throughout Texas, Oklahoma, Idaho, and Kansas, Five Rivers
manages a feeding capacity of over 800,000 cattle. The corporate office
at Centerra will initially bring 27 new jobs to the area.
Five
Rivers considered several locations in the Front Range, including
Greeley, Boulder, and Longmont. They chose Centerra because its regional
location will allow the company to serve its broad base of customers
throughout Colorado and the western United States, as well as provide a
convenient central location for its employees. Centerra’s immediate
access to the interstate also provides the company quick access to
Denver International Airport. According to Luke Lind, Director of
Marketing Development for Five Rivers, location was not the only factor.
“McWhinney Enterprises was able to deliver a finished space faster than
other options we were considering, and they had a good variety of office
choices for us at Centerra.”
Five
Rivers is the first tenant in the 32,000 square foot Flex Office
building, a new type of office product available at Centerra. With
interest high for Flex Office space, McWhinney plans on developing more
of the product type.
About Five Rivers Cattle Feeding Company
“We look
forward to being a larger part of the Northeast Colorado agricultural
economy, and are already in the process of strengthening our ties to
producers and communities in the region,” says Five Rivers’ CEO Mike
Thoren. “Our operation is fairly de-centralized, with a lot of the jobs
and decision making located in the feedyards themselves.” Five Rivers
has four feedyards in Colorado. These yards are located near Gilcrest,
Kersey, Yuma, and one in the Southeast corner of the state at Lamar.
In August,
2005, Five Rivers donated a research facility it owned in Lamar to
Colorado State University’s College of Agricultural Sciences. The gift,
valued at $2.5 million, establishes the Southeastern Colorado Research
Center, which will become a powerhouse for animal food safety,
nutrition, environmental impact and management research within the
Department of Animal Sciences. It is the second largest gift in the
department’s history. |