Building on a Solid Foundation

Dependable service. Quality products. Fair prices. These are the benefits farmers wanted when they established New Century's predecessors in 1931. Today we're still focused on giving farmers a greater say in their destiny beyond the farm gate.

Farm Bureau helped local Farm Bureau members create New Century many years ago. The Cooperative Extension Service also helped start most of the FS cooperatives we have today, including our local operation.

Working with GROWMARK
New Centry is proud to be part of the regional cooperative GROWMARK, Inc. GROWMARK and other regional co-ops have ownership interest in inter-regional co-ops to supply raw materials, manufacturing, and services needed by New Century and other FS companies.

Local farmers benefit from this partnership by ensuring a dependable supply of products at a fair price.

Expanding our services
New Century FS has made many transitions in recent years. Here's a timeline to show how we've grown:

1992
The cooperative was known as Poweshiek-Jasper FS. We had 28 employees and five locations, including Grinnell, Brooklyn, Baxter, Newton, and Montezuma. Our sales volume reached $8 million.

1995
A joint management agreement was arranged between Poweshiek-Jasper FS and Iowa River FS. Iowa River FS had 32 employees and eight locations, including Toledo, Melbourne, Albion, Gladbrook, Traer, Garwin, State Center, and Dunbar. Poweshiek-Jasper FS reported sales of $8.7 million, while Iowa River FS had sales of $10.6 million.

1996
On Sept. 1, Poweshiek-Jasper FS merged with Iowa River FS to form New Century FS. The newly formed coop employed 60 employees, 12 locations, and had $24.5 million in sales.

1998
New Century FS purchased petroleum and LP assets in Story County from Central Iowa Farm Service.

2001
In January, New Century FS merged with Farm Services, Inc. of Vinton, IA. Farm Services included 25 employees, sales of $15.5 million, and locations at Vinton, Van Horne, Garrison, La Porte City, and Millersburg.
  • In January, New Century also purchased the Terra Facility in Vinton. It offered 2,063 tons of 28% storage.
  • New Century's acquisition of the FAST Stop/Fuel 24 in Vinton was also completed in January 2001. The Fast Stop included gas and diesel pumps, a convenience store, and a car wash.
  • In November 2001 New Century purchased Hessenius Plumbing and Heating from Ron Hessenius. This part of our business is now called "Comfort Pro Plumbing and Heating."
2004
New Century FS serves farmers in nine counties, including Benton, Black Hawk, Iowa, Jasper, Marshall, Polk, Poweshiek, Story, and Tama. New Century has 97 full-time employees and an additional 50 seasonal employees. Locations include:
  • Albion
  • Baxter
  • Brooklyn
  • Garrison
  • Garwin
  • Gladbrook
  • Grinnell
  • LaPorte City
  • Melbourne
  • Millersburg
  • Newton
  • State Center
  • Toledo
  • Traer
  • Van Horne
  • Vinton

2005
New Century sold the Garrison elevator.
Sold "Comfort Pro Plumbing and Heating"

2006
New Century became a subsidiary of GROWMARK, Inc.
  • Shareholders had a choice between cash or continued ownership
  • Corporate structure has some local ownership and representation
  • We were able to integrate GROWMARK's wholesale strength with New Century's retail strengths
New Century purchased the petroleum and LP assets of Wieck Brothers in Traer, acquiring:
  • 400,000 gallons of liquid
  • 1,400,000 gallons of LP
  • 2 liquid petroleum and 3 LP delivery trucks
  • LP and liquid fuel bulk plants
  • 4 full-time employees
2007
New Century entered into a grain marketing agreement with AgVantage FS
  • Allowed New Century to continue serving grain accounts with expanded marketing opportunities
Purchased the LP assets from Cargill North of New Sharon, acquiring:
  • 250,000 gallons of propane
  • 1 LP delivery tank
  • LP bulk storage
  • 1 full-time employee
GROWMARK purchased the Archer Oil Business
  • Added 18,000 gallons of lube oil sales to New Century's territory
2008
New Century FS purchased LP assets at Zearing, IA from Ferrellgas - adding:
  • LP bulk storage
  • land
  • 75 customers
  • LP tanks

Our Mission: Professionals committed to providing quality products, services, and solutions

Our Vision: Your premier partner for success
 
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