Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2....

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Kurtland Farms: Growing for the Next Generation TIM KURTZ, KURTLAND FARMS, ELVERSON, PENNSYLVANIA

Transcript of Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2....

Page 1: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Kurtland Farms:Growing for the Next GenerationTIM KURTZ, KURTLAND FARMS, ELVERSON, PENNSYLVANIA

Page 2: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Farm History Three Generations –

Purchased Over 90 Years Ago

Purchased Cows in 1989

Purchased Part of Farm in 1996

Purchased Neighboring Farm in 1999

Purchased Rest of Farm in 2012

Grew from 85 Cows to 130 Cows in 25 Years

One son (married with first grandchild), Four Daughters (one married)

Variety of Roles & Responsibilities

Page 3: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Our Location

Page 4: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Key Factors In Decision To Build• Business Plan

• Other Alternatives

• Outdated Facilities

• Ideal Building Site

Page 5: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Timely Opportunities Satellite Dairy

Environmental Grants

Competitive Construction Climate

Page 6: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Five EssentialIngredients1. Strong Dairy

Infrastructure

2. Many Trusted Advisors

3. Good Community Relationships

4. Supportive Family

5. Bank Who Understood Dairy

Page 7: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Bringing The Next GenerationInto The Business Realistic Expectations

Time Away From Farm

From Employee To Stakeholder

Defining The Roles

Understanding The Business Aspect

“Ownership” Opportunities

Entrepreneurial Interest

Page 8: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Center for Dairy Excellence:A Resource in Our Transformation Process Established Profit Team in 2007 –

Brought broader perspective to our operation

Build Business Plan to provide a much needed roadmap

Established Transformation Team in 2009

Center catalyst in team concept and provided support and resources to move our business forward.

Page 9: Kurtland Farms PDPW Presentation · 2020-06-02 · Ingredients 1. Strong Dairy Infrastructure 2. Many Trusted Advisors 3. Good Community Relationships 4. Supportive Family 5. Bank

Healthy Cows = ProfitTeamwork = Success

Many skill sets needed

Appeal to next generation

Mission statement values: Profitability, Quality of life, Stewardship, Having Fun, Honor God