jul-aug-2017 - page 14

NEWS IN A NUTSHELL
14
Almond Facts
JULY | AUGUST 2017
First Grower
Panel Held in
Sacramento
The
Blue Diamond
team had the
opportunity to hear from an expert
panel of four grower-owners at the
quarterly meeting at the Sacramento
campus. Mike Bogetti, Dan Clendenin,
Lisa Giannini, and Michael Doherty
answered an array of questions from the audience, moderated by
Blue
Diamond
President and CEO Mark Jansen. This panel offered a better
perspective of what it takes to farm almonds and be a
Blue Diamond
co-op
member from a growers’ perspective.
“We appreciate growers taking time away from their operations to
help our professional staff with insights and background that will be
helpful in their day-to-day endeavors,” said Ben Goudie, membership
development manager for
Blue Diamond.
The team and panel discussed topics from why the growers chose to be
part of the cooperative to perspectives on sustainability.
Long-Term
Investment
Program
Blue Diamond Growers
is once again
offering Members the Long-Term
Investment Certificate program (LTIC).
The program continues to serve as a
competitive investment alternative for
our members, and provide Blue Diamond
Growers with a long-term source of funds.
The current offering has a 3-year
maturity, corresponding to a maturity
date of June 30, 2020. This tranche
is limited to a total investment of $10
million on a first-come-first served basis.
Participants can enroll with an initial
investment of $50,000 and then any
amount thereafter subject to availability.
The interest rate for this enrollment
period is 2.50% paid twice per year
on January 1st and July 1st, with no
compounding interest. This rate will
remain fixed through the maturity date.
For more information please contact
your local Regional Manager, or Member
Services at (209) 545-6225.
This summary does not constitute an
offer to sell or a solicitation to purchase
long-term investment certificates. We
will provide a package of documents
for the long-term investment certificate
program to those members who are
California residents and who express an
interest in participating in the program.
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