Grain handler Viterra and its subsidiary Can-Oat Milling are contributing $30,000 towards flood cleanup efforts in Iowa following devastating floods in the state earlier this month.
Both companies have a number of key business partnerships in the region. The funds will be allocated to recovery initiatives in the city of Cedar Rapids and surrounding areas.
“Rebuilding takes time and support continues to be needed as residents and businesses struggle with the aftermath of this devastating flood. Our company’s donation will go to aid the families and communities affected,” said Mayo Schmidt, President and CEO of Viterra, in a media release.
The record flooding that hit the area one month ago caused extensive damage to residential neighborhoods and businesses and plants in Cedar Rapids and its surrounding districts.
“Our donation reflects Viterra’s broader commitment to corporate giving. We hope that by offering financial support to non-profit community organizations we can help to ease the losses of those affected,” said Schmidt.
Viterra was formed when Sask Wheat Pool bougth Agricore United in a hostile takeover following a struggle that lasted several months.