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commodities trading group, and two bonded grain elevators. For the
9 months ended May 31, 1993, DPG contributed $145 million or
approximately 11 percent of J.R. Simplot Co.'s gross revenues.
DPG is divided into two types of operations through WSI and
Simplot Transportation. WSI produces and markets a variety of
agribusiness products (including livestock feeds, nutritional
supplements, livestock health products, and livestock handling
equipment). Simplot Transportation provides companywide
transportation management (including the operation of approximately
100 to 150 bulk trailers, more than 135 owned over-the-road trucks,
and 750 owned or leased rail cars). A small amount of revenue is
generated from transportation for third parties.
During the 9-month period ended May 31, 1993, DPG had a loss
of $0.9 million on revenue of $145 million.
4. Minerals and Chemical Group
MCG is a major manufacturer and distributor of phosphate
fertilizers and agricultural chemicals in the Western United States
and in Canada. It was formed in 1944 after a manufacturing plant
west of Pocatello, Idaho, was constructed to supply J.R. Simplot
Co. with the fertilizers it needed to nourish thousands of acres of
potatoes. MCG sells the fertilizers primarily to farmers west of
the Mississippi.
MCG has consistently been J.R. Simplot Co.'s most profitable
segment (accounting for 31 percent of revenue for the period ended
May 31, 1993). At the time of decedent's death, it had
approximately 40 to 50 percent of the market. Despite the fact
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