Innovative Systems and Solutions for the Protein Production and ...

Leadership Through Innovation ®
A Berkshire Hathaway Company
Innovative Systems and Solutions for the
Protein Production and Grain Industries

DEMAND FACTORS
CTB Helps Meet The
World's Growing Demand
For Animal Protein & Harvested Grain
As the world's population grows,
so does the demand on the earth's
food-producing ability. CTB is
positioned to help. Our passion is
developing and providing innovative
systems that help nourish the
world, and doing so in smart ways
that help our customers attain top
efficiency and productivity.
Primary drivers for CTB’s business
include not only the growing world
population, but also the tendency
of the developing world, as it
advances, to add protein to its diet.
CTB's industry-leading systems
help to produce animal protein
with maximum efficiency as well
as with a commitment to animal
care and air quality management.
World Population Trends
In Millions
Source: United Nations World Population Prospects 2008
10,000
8,000
6,000
4,000
2,000
0
1950 2000 2050
Developed Countries Developing Countries
Protein Per Capita Per Day
Total Poultry Meat, Pork & Eggs in Grams
Source: FAO
30
20
10
0
1970 1980 1990 2000
Developed Countries Developing Countries
Another of the key factors driving
CTB's business is the increasing
demand for feed and grain for the
production of protein, biofuels and
other uses. As the world's cropland
per person has decreased,
the need to protect feed and grain
from post-harvest loss has become
increasingly crucial. CTB's systems
help preserve the quality of
harvested grain through the latest
technology in storage, handling,
conditioning and drying.
CTB is headquartered in Milford,
Indiana, in a farming area with
a rich agricultural heritage. In
addition to its global headquarters
facility, CTB operates additional
facilities in the United States
as well as in multiple locations
around the globe.
Having already reached $600 million
in annual sales, CTB is committed
to continued sales growth. Today,
about half of CTB's revenue is
generated outside the United States,
primarily through the company's
strong network of independent
distributors and dealers. The
company has grown through both
innovation and acquisition, and it
markets its systems and solutions
under a variety of prominent
brand names that are well-known
in their industries. Founded in
1952, CTB has been a Berkshire
Hathaway company since 2002.
400
300
200
100
0
Arable and Permanent Cropland
In Hectares Per 1000 People
Source: FAO and Census.gov
1970 1980 1990 2000
2
Growth MILESTONES
1967
The first European office was
established in Maldegem, Belgium.
1983
Chore-Time Brock International was
formed to sell the company's products
outside the U.S. and Canada.
1950s
Chore-Time was founded in 1952,
followed by Brock in 1957.
1976
CTB was established as the parent
company for Chore-Time and Brock.

Core Markets We Serve
Grain Storage, Handling,
Conditioning and Drying
Our Role in Grain Production
CTB’s grain preservation systems include products
designed to meet the needs of the grain and feed
industries with unsurpassed quality and easy-to-use
features. Known for their design excellence,
quality, longevity and reliable operation,
these products are used primarily
by farmers and by commercial
businesses such as feed
mills, grain elevators, port
storage and shipping facilities,
commercial grain
processing facilities and
biofuel plants.
Tillage
Planting
Agrochemicals
Cultivation
Irrigation
Harvest
CTB
GRAIN
PRODUCTION CYCLE
Storage &
Handling
CTB
Conditioning
& Drying
Land
Seed
Process Into
End Product
- Biofuel
- Feed
- Food
Growth MILESTONES
3
1998
Acquired Sibley Industries, Inc.
1999
Acquired Roxell N.V., and
restructured CTB into business units.
1997
Acquired Fancom B.V. and the grain
bin division of Butler Manufacturing;
initial public offering of common stock.
1998
Acquired Staco, Inc.

Core Markets We Serve
Egg Production Systems
Our Role in Protein Production – Eggs
Birds
Pharmaceuticals
Animal Husbandry
CTB
EGG
PRODUCTION CYCLE
Greenland Sea
CTB's total package of egg production systems is
designed to optimize egg production and to maximize
egg quality, resulting in greater profits for egg producers.
Our multi-branded product offering includes
a fully integrated package of equipment for a variety
of housing styles including aviary systems,
nesting systems and enriched as well
as standard cage housing. CTB’s
systems and solutions for pullets
Feed
Water
and commercial laying hens
Temperature
Air
are recognized as leaders in
the industry due to their
quality, reliability and
strong performance.
CTB
Controls
Manure Drying
Arctic Ocea
Buildings
Genetics
Process Into
End Product
- Eggs
Kara Sea
Barents Sea
Norwegian Sea
Sweden
Finland
4
Iceland
Growth MILESTONES
Norway
2001
Formed Agile Mfg., Inc. to sell Roxell,
Shenandoah, ProTerra and, later,
Agro Logic products in the Americas.
Ireland
U. K.
North Sea
Netherlands
Denmark
Baltic
Sea
Poland
Estonia
Latvia
Lithuania
Belarus
2002
Acquired Beard Industries, Inc.
Belgium
Lux.
Germany
Czech. Rep.
Ukraine
Slovakia
2000
Acquired grain industry devices
from ABC Industries.
Azores
Portugal
France
Switz.
Liech.
Italy
Austria
Hungary
Slovenia
Croatia
Bosnia
Romania
& Herz.
Serbia
Montenegro
2002
Bulgaria
Macedonia
Greece
Albania
European Spain logistics center established
in the Netherlands and Poland.
Moldova
Black Sea
Turkey
Georgia
Armenia
Azerbaijan
Aral
Sea
Turkmenistan
Uzbekistan
Malta
Northern Cyprus
Cyprus
Syria
Iran

Core Markets We Serve
Poultry Production Systems
Our Role in Protein Production – Poultry
Pharmaceuticals
Animal Husbandry
CTB
POULTRY
PRODUCTION CYCLE
CTB's equipment for poultry production maximizes
poultry’s natural potential and also its production
efficiency. Preferred by customers for its quality,
reliability and strong performance, our multi-branded
product offering includes a fully integrated equipment
package for floor-raised poultry (broiler
chickens, broiler parent stock, layer
parent stock and turkeys) that is
well-known in countries around
the world.
Feed
Water
Temperature
Air
CTB
Birds
Controls
Buildings
Genetics
Process Into
End Product
- Poultry Meat
Growth MILESTONES
5
2002
CTB became a wholly owned
subsidiary of Berkshire Hathaway Inc.
2006
Acquired a controlling interest in
Yan Agro Logic (1988) Ltd.
2002
Acquired key assets of Shenandoah
Mfg. Co.
2004
Acquired the assets of Swine
Service Specialists, Inc.

Core Markets We Serve
Pig Production Systems
Our Role in Protein Production – Pigs
CTB's customized, comprehensive pig production
solutions help to keep pigs healthy and productive.
Our product offering includes conversion solutions
(such as feeders); environmental solutions (such as
ventilation and air quality systems); evaluation
solutions (such as sorting systems); and sow
care solutions. Featuring the latest in
animal-friendly designs, high quality,
reliability and performance,
CTB offers both equipment
and expertise in order to
provide a suitable system
that meets the needs of
sow and pig producers.
Pigs
Pharmaceuticals
Animal Husbandry
CTB
PIG
PRODUCTION CYCLE
Feed
Water
Temperature
Air
CTB
Controls
Air Cleaning
Buildings
Genetics
Process Into
End Product
- Pork
6
Growth MILESTONES
2008
Acquired Uniqfill International B.V.
2010
Sales office & warehouse
established in Malaysia.
2007
Acquired both Laake GmbH and the
Porcon group of companies; formed
the PigTek Pig Equipment Group.
2008
Acquired B. Mannebeck Landtechnik
GmbH.

Additional markets we serve
Systems For Other Applications
Horticulture, Equestrian Sports,
Air Cleaning, Oil Containment,
Industrial Material Storage and Handling
CTB serves additional markets with the same quality
and excellence synonymous with its core market
systems. These include (1) products for horticulture
(such as the mushroom growing facility pictured
here), (2) equestrian sports systems, (3) air cleaning
and scrubbing systems, (4) oil containment systems,
and (5) storage and handling for industrial materials.
1 2
5
3
4
Strategy for Continued Growth
7
Emerge as best
Emphasize product-
Expand global
Fortify through
Enhance financial
cost manufacturer
driven focus
physical presence
acquisitions
strength
through improved
by continuing to
in key markets to
and other business
through profitable
productivity, greater
introduce innovative
improve our competi-
arrangements for
growth and strategic
operational efficiency,
products and
tive advantage and
greater strength
use of cash and
and high quality and
high-value product
to provide a greater
in product lines,
assets.
service.
packages that our
level of service to
technology, expertise
customers prefer.
our customers.
and distribution.

Core Market Products and Systems
MARKETS PRIMARY BRANDS, PRODUCTS & USES SAMPLE INSTALLATION
Poultry
Production
BRANDS: Agro Logic ® , Chore-Time ® ,
Fancom ® , ProTerra ® , Roxell ® , Shenandoah ®
PRODUCTS: Feeders and drinkers; ventilation,
heating and cooling systems; controls and
software; nests and egg collectors; feed storage
and delivery systems; and incinerators.
FOR: Broiler chickens, broiler breeders (parent
stock), layer breeders (parent stock) and turkeys.
Egg
Production
BRANDS: Chore-Time ® , Fancom ® , Roxell ®
PRODUCTS: Feeders and drinkers; ventilation,
heating and cooling systems; controls and
software; housing systems; egg collectors; feed
storage and delivery systems; and incinerators.
FOR: Pullets and laying hens.
Pig
Production
BRANDS: Chore-Time ® , Fancom ® , Laake ® ,
Mannebeck ® , PigTek ® , Porcon ® , Roxell ® , Uniqfill ®
PRODUCTS: Automated and electronic feeding
systems; drinkers; ventilation, heating and
cooling systems; controls and software; sorting
systems and scales; animal-friendly stalls, pens
and flooring; feed storage and delivery systems;
and air quality management systems.
FOR: Sows and pigs in gestation, nursery,
wean-to-finish and grow-out.
Grain
Preservation
BRANDS: Brock ®
PRODUCTS: Systems for storage, handling,
conditioning and drying grain.
FOR: Farms, feed mills, grain elevators, port
storage and shipping facilities, commercial
grain processing facilities, and plants for biofuel
production.
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CTB, INC.
A Berkshire Hathaway Company
611 North Higbee Street
P.O. Box 2000
Milford, Indiana 46542-2000 U.S.A.
Phone 574-658-4191 • Fax 574-658-3471
E-mail: ctb@ctbinc.com • Internet: www.ctbinc.com
CTB-1671C/1110