World Grain - June 2018 - 56

FEATURE: CHARTING A DISTINCTIVE COURSE IN MILLING

since its start in the 19th century. A
native of Dedham, Massachusetts,
U.S., 10 miles west of Quincy,
Levangie holds a bachelor's degree
from Dartmouth College, Hanover,
New Hampshire, U.S., and a master's in business administration

from Harvard University, Boston,
Massachusetts. Levangie spent
six years with Cargill before joining EFS Network, an online startup established by a consortium of
companies, including Cargill. He
joined Bay State in 2004 and was

named CEO in 2016, succeeding
Brian Rothwell, who held the position for 30 years. Rothwell is now
vice-chairman of the board. His
brother Buck Rothwell is chairman.
Levangie described his mandate
as building a robust bridge for the
FRPSDQ\ WR WKH ¿IWKJHQHUDWLRQ RI
family owners, some of whom are
now working in the business.
Part of Levangie's determination
to move into value-added ingredients
UHÀHFWVKLVYLHZRIWKHÀRXUPLOOLQJ
industry in contrast to oilseed processing, where he began his career.
"Flour milling is a really complicated business versus crushing
a soybean," he said. "And when I
started, we weren't getting paid
nearly enough for the value that we
are delivering. Flour is such a functional ingredient."
He said his timing in joining the
business in the early 2000s was
fortunate.
"A number of other companies
were making management shifts or
changes," he said. "They started to
run their businesses differently."
Consolidation early in the 2000s
helped, but other changes have
EHHQVLJQL¿FDQWDVZHOO
³:KHQ , ¿UVW VWDUWHG \RX FRXOG
VHHWKHLQÀXHQFHRIWKHJUDLQEXVLness over things like pricing at one
major milling company," Levangie
said. "They would try to merchandise their way out of a grain posiWLRQWKURXJKWKHÀRXUPLOOLQJEXVLness. I'm not saying they were
making bad decisions, maybe that
was the best thing. But it made
WKH ÀRXU PLOOLQJ EXVLQHVV PRUH RI
a commodity business than I think
was warranted. But as the industry
changed, this changed."
RECEPTIVE TO CHANGE
At Bay State, Levangie found a corporate culture highly receptive to thoughtful change, beginning with Brian
Rothwell, his predecessor as CEO.



http://www.siouxsteel.com

World Grain - June 2018

Table of Contents for the Digital Edition of World Grain - June 2018

World Grain - June 2018
Contents
FROM THE EDITOR - Big grain traders caught in the middle
CALENDAR OF EVENTS
GrainTech India 2018 focuses on production, storage, distribution of food grains
News review - Canada passes Transportation Modernization Act
ADM’s first-quarter earnings rise on higher Oilseeds profits
Savage Companies merging with Bartlett milling, grain businesses
Mennel Milling expands with acquisition
China drops sanctions against U.S. sorghum
PPB Group to build flour mill in Vietnam
Prairie AquaTech to build soybean processing plant
Superior Ag opens new feed mill
IGC raises grains forecast for 2018-19
Manildra Australian flour mill restarts operations after explosion
Central Valley Ag buys out Cargill’s portion of joint venture
Cold meat weighs on Tiger Brands results
GRAIN MARKET REVIEW - Rice
COUNTRY FOCUS - Hungary
FEATURE - KUWAIT'S milling giant
FEATURE: SÃO BRAZ OPENS MODERN MAIZE MILL
Brazilian corn crop to drop 10% from record high
FEATURE: GRAIN STORAGE AND HANDLING PROJECTS
FEATURE: CHARTING A DISTINCTIVE COURSE IN MILLING
FEATURE: VICTAM ASIA 2018 EXHIBITORS OPTIMISTIC
FEATURE: FOOD SAFETY IN THE SPOTLIGHT AT IAOM
FEATURE - WORLD FLOUR TRADE HOLDING STEADY
FEATURE: ASIA’S INSATIABLE APPETITE FOR GRAIN
PRODUCT SHOWCASE
SUPPLIER NEWS
World Grain - June 2018 - World Grain - June 2018
World Grain - June 2018 - World Grain - June 2018
World Grain - June 2018 - 2
World Grain - June 2018 - 3
World Grain - June 2018 - 4
World Grain - June 2018 - Contents
World Grain - June 2018 - FROM THE EDITOR - Big grain traders caught in the middle
World Grain - June 2018 - 7
World Grain - June 2018 - GrainTech India 2018 focuses on production, storage, distribution of food grains
World Grain - June 2018 - 9
World Grain - June 2018 - ADM’s first-quarter earnings rise on higher Oilseeds profits
World Grain - June 2018 - Savage Companies merging with Bartlett milling, grain businesses
World Grain - June 2018 - Mennel Milling expands with acquisition
World Grain - June 2018 - PPB Group to build flour mill in Vietnam
World Grain - June 2018 - IGC raises grains forecast for 2018-19
World Grain - June 2018 - Central Valley Ag buys out Cargill’s portion of joint venture
World Grain - June 2018 - Cold meat weighs on Tiger Brands results
World Grain - June 2018 - 17
World Grain - June 2018 - GRAIN MARKET REVIEW - Rice
World Grain - June 2018 - 19
World Grain - June 2018 - COUNTRY FOCUS - Hungary
World Grain - June 2018 - 21
World Grain - June 2018 - 22
World Grain - June 2018 - 23
World Grain - June 2018 - FEATURE - KUWAIT'S milling giant
World Grain - June 2018 - 25
World Grain - June 2018 - 26
World Grain - June 2018 - 27
World Grain - June 2018 - 28
World Grain - June 2018 - 29
World Grain - June 2018 - Brazilian corn crop to drop 10% from record high
World Grain - June 2018 - 31
World Grain - June 2018 - 32
World Grain - June 2018 - 33
World Grain - June 2018 - 34
World Grain - June 2018 - 35
World Grain - June 2018 - 36
World Grain - June 2018 - 37
World Grain - June 2018 - FEATURE: GRAIN STORAGE AND HANDLING PROJECTS
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World Grain - June 2018 - FEATURE: CHARTING A DISTINCTIVE COURSE IN MILLING
World Grain - June 2018 - 53
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World Grain - June 2018 - 57
World Grain - June 2018 - 58
World Grain - June 2018 - 59
World Grain - June 2018 - 60
World Grain - June 2018 - 61
World Grain - June 2018 - FEATURE: VICTAM ASIA 2018 EXHIBITORS OPTIMISTIC
World Grain - June 2018 - 63
World Grain - June 2018 - 64
World Grain - June 2018 - 65
World Grain - June 2018 - 66
World Grain - June 2018 - 67
World Grain - June 2018 - 68
World Grain - June 2018 - 69
World Grain - June 2018 - FEATURE: FOOD SAFETY IN THE SPOTLIGHT AT IAOM
World Grain - June 2018 - 71
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World Grain - June 2018 - 77
World Grain - June 2018 - 78
World Grain - June 2018 - 79
World Grain - June 2018 - 80
World Grain - June 2018 - 81
World Grain - June 2018 - FEATURE - WORLD FLOUR TRADE HOLDING STEADY
World Grain - June 2018 - 83
World Grain - June 2018 - FEATURE: ASIA’S INSATIABLE APPETITE FOR GRAIN
World Grain - June 2018 - 85
World Grain - June 2018 - 86
World Grain - June 2018 - 87
World Grain - June 2018 - 88
World Grain - June 2018 - 89
World Grain - June 2018 - PRODUCT SHOWCASE
World Grain - June 2018 - 91
World Grain - June 2018 - SUPPLIER NEWS
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http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com