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In This Issue
Cotton – Charting New Waters
Increased Capacity Helps Texas Ginners
Cotton's Agenda: Don’t Miss Those Deadlines
Greenhouse Gas Debate Continues
Don’t Mess With West Texas...Varieties
Pigweed Hits North Alabama
Air Quality Rules Help Farmers
Ginning In The West Continues To Change
Calif. Ag Summit Focuses On Key Industry Issues
What Customers Want: Today’s Consumer Won’t Accept Poor Quality
Cotton Board: Enemy Becomes Friend
Missouri’s Parker Elected Chairman Of NCC For 2011
Editor's Note: Want Some Advice? Talk To A Farmer
Industry Comments
Web Poll: ‘Combo’ Approach For Weed Control
Specialists Speaking
Cotton Ginners Marketplace: Don’t Wait Too Long To Schedule Gin Repairs
Industry News
Cotton Consultants Corner: ‘Don’t Wait Too Late’
My Turn: A Fond Farewell
TCGA SECTION
TCGA Schedule of Events
President's Report
TCGA’s ‘Ginner of the Year’
Scholarship Awards Announced
Trust Continues Profitable Trend In 2010
Incoming TCGA President
Q&A with Jim Bradford
TCGA Exhibitors and Booth Numbers
CF / TCGA Alliance
Civic Center Map (PDF)
TCGA Staff
NFL Referee To Address PCG Annual Meeting
TCGA’s New Home: Overton Hotel
TCGA Officers/Directors
What To Do In Lubbock
Georgian To Lead National Cotton Ginners
ARCHIVES

Trust Continues Profitable Trend In 2010

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  Special Section: TCGA
 

TCGA Schedule of Events
President's Report
TCGA’s ‘Ginner of the Year’
Scholarship Awards Announced
Trust Continues Profitable Trend In 2010
Incoming TCGA President
Q&A with Jim Bradford
TCGA Exhibitors and Booth Numbers
Civic Center Map (PDF)
CF / TCGA Alliance
TCGA Staff
NFL Referee To Address PCG Annual Meeting
TCGA’s New Home: Overton Hotel
What To Do In Lubbock
Georgian To Lead National Cotton Ginners

The Texas Cotton Ginners’ Trust is celebrating the completion of another profitable year at its Annual Meeting in Lubbock. The Trust was formed by the Texas Cotton Ginners’ Association in 1994 in response to the Texas gin industry’s demand for stable, affordable workers’ compensation insurance coverage.

During the past 17 years since its founding, the Trust has grown to provide coverage for 78 percent of the gins in Texas, as well as other agricultural businesses across the state. The Trust’s Producer Program now offers the protection of workers’ compensation coverage for employees of cotton producers who gin with members of the Trust.

The Trust provides its members both hard savings in dividends paid back and “soft” savings in premiums the members never had to pay to a commercial insurance carrier because the Trust was there to provide that coverage in times of a restricted market.

The Trust paid $3.7 million in dividends in 2010, the fourth record dividend in as many years. Another record dividend is expected to be announced at the 2011 Annual Meeting.

More than $17.5 million has been returned to the members who participated in the first 14 years of the Trust’s program. More than 19 percent of premiums paid in those years has been returned.

The Trust’s Safety Credit, which is available to member gins, returned an additional $357,000 to the members who qualified in 2010.

The Trust continues to improve safety service to members and their employees through its sponsorship of the Texas Cotton Ginners’ Association Safety Seminars, on-site safety training, its Certified Safety Trainer (CST) program, weekly safety training bulletins and other safety initiatives.

This year’s Annual Meeting of the Trust is scheduled for 2:30 p.m. on Friday, April 1 in the Banquet Hall of the Lubbock Memorial Civic Center. The meeting agenda will provide an update on Trust activities, a report on the financial position of the Trust and the announcement of the dividend to be paid this year. Three of the nine trustee positions will be up for election at the meeting.

The Trust will once again be located in Booth No. 1 at this year’s Trade Show. Please pay them a visit and learn what’s in store for 2011.

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