Innovative Systems and Solutions for the Protein Production and Grain Industries

A B E R K S H I R E H AT H A W A Y C O M PA N Y

L E A D E r S h I P t h r o u G h I N N o v A t I o N ®

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.

G r o w t h M I L E S to N E S

1950sChore-Time was founded in 1952, followed by Brock in 1957.

1967The first European office was established in Maldegem, Belgium.

1976CTB was established as the parent company for Chore-Time and Brock.

1983Chore-Time Brock International was formed to sell the company's prod-ucts outside the U.S. and Canada.

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 crop-land 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

DEMAND FACtorS

CtB helps Meet theworld's Growing Demand

For Animal Protein & harvested Grain

2

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 TrendsIn Millions

Source: United Nations World Population Prospects 2008

10,0008,0006,0004,0002,000

01950 2000 2050

Developed Countries Developing Countries

Protein Per Capita Per DayTotal Poultry Meat, Pork & Eggs in Grams

Source: FAO

Developed Countries Developing Countries

30

20

10

01970 1980 1990 2000

Arable and Permanent CroplandIn Hectares Per 1000 People

Source: FAO and Census.gov

400

300

200

100

01970 1980 1990 2000

1997Acquired Fancom B.V. and the grain bin division of Butler Manufacturing; initial public offering of common stock.

1998Acquired Sibley Industries, Inc.

1999Acquired Roxell N.V., and restructured CTB into business units.

1998Acquired Staco, Inc.

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 facil-ities, commercial grain processing facilities and biofuel plants.

CorE MArkEtS wE SErvE Grain Storage, handling, Conditioning and Drying

our role in Grain Production

CultivationIrrigationHarvest

Storage &Handling

Conditioning& Drying

Process IntoEnd Product - Biofuel - Feed - Food

LandSeed

TillagePlanting

Agrochemicals

CTB

CTB

GRAIN PRODUCTION CYCLE

3G r o w t h M I L E S to N E S

2000Acquired grain industry devices from ABC Industries.

2002European logistics center established in the Netherlands and Poland.

2001Formed Agile Mfg., Inc. to sell Roxell, Shenandoah, ProTerra and, later, Agro Logic products in the Americas.

A t l a n t i c

I n d i a n O c e a n

O c e a n

A t l a n t i c O c e a n

A t l a n t i c O c e a n

P a c i f i c

A r c t i c O c e a nA r c t i c O c e a n

Chukchi Sea

B e a u f o r t S e a

Caribbean Sea

Hudson BayGulf of Alaska

B a f f i n B a y

Gulfof Mexico

N o r w e g i a n S e a

G r e e n l a n d S e a

North Sea

Mediterranean Sea

BalticSea

Black Sea

AralSea

ArabianSea

Bay of Bengal South ChinaSea

Sea ofJapan

(East Sea)

EastChina

Sea

YellowSea

Sea ofOkhotsk

Bering Sea

T a s m a n S e aGreat

AustralianBight

B a r e n t s S e a

Kara Sea

L e p t e v S e a

R u s s i a

Finland

Austria

Italy

Spain

Sweden

Norway

Germany

France

Portugal

Hungary

Romania

Bulgaria

Turkey

Denmark

Belarus

UkraineCzech. Rep.

Slovakia

Greece

CyprusNorthern Cyprus

Netherlands

Belgium

Ireland

Albania

Moldova

Lithuania

Latvia

Estonia

Lux.

Bosnia& Herz.

CroatiaSlovenia

Switz.Liech.

Macedonia

G r e e n l a n d

Iceland

U n i t e d S t a t e s

C a n a d a

MexicoThe Bahamas

Cuba

Panama

El Salvador

Guatemala

Belize

Honduras

Nicaragua

CostaRica

JamaicaHaiti

DominicanRepublic

Dominica

Antigua

Argentina

Bolivia

ColombiaVenezuela

Peru

B r a z i l

FrenchGuianaSuriname

Guyana

Chile

Ecuador

Paraguay

Uruguay

Kenya

Ethiopia

Eritrea

S u d a n

E g y p t

N i g e r

Mauritania

M a l i

Nigeria

Somalia

Namibia

L i b y a

C h a d

South Africa

Tanzania

Dem. Rep.Of Congo

Angola

A l g e r i a

Madagascar

Mauritius

Mozambique

Botswana

Zambia

Gabon

Central AfricanRepublic

Tunisia

Malta

Morocco

Uganda

Swaziland

Lesotho

Malawi

Burundi

Rwanda

Togo

BeninGhana

Coted'Ivoire

Liberia

Sierra Leone

Guinea

Burkina FasoGambia

Cameroon

Sao Tome & Principe

Zimbabwe

Congo

Equatorial Guinea

WesternSahara

(Occupied by Morocco)

Djibouti

Senegal

Guinea Bissau

CapeVerde

Azores

Jordan

Israel

Lebanon

ArmeniaAzerbaijan

GeorgiaKyrgyzstan

Tajikistan

Kuwait

Qatar

U. A. E.

Yemen

Syria

Iraq

I r a n

OmanS a u d i

A r a b i a

Afghanistan

Pakistan

I n d i a

C h i n a

K a z a k h s t a n

Turkmenistan

Uzbekistan

Myanmar(Burma)

Thailand

Cambodia

Nepal Bhutan

Vietnam

Sri Lanka

Laos

Bangladesh

Malaysia Malaysia

Singapore

Papua NewGuinea

Brunei

Philippines

I n d o n e s i a

East Timor

Japan

M o n g o l i a

South Korea

NorthKorea

A u s t r a l i a

NewZealand

U. K.

NewCaledonia

Vanuatu

Guam

Palau

SolomanIslands

Fiji

Comoros

K i r i b a t i

M i c r o n e s i a

K i r i b a t i

Guadeloupe

MartiniqueSt. Lucia

St. VincentGrenada

Trinidad and Tobago

SamoaIslands

Tonga

F r e n c h P o l y n e s i a

Montenegro

Serbia

Poland

2002 Acquired Beard Industries, Inc.

C o r E M A r k E t S w E S E r v E

Egg Production Systemsour role in Protein Production – Eggs

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 pro-ducers. 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

and commercial laying hens are recognized as leaders in

the industry due to their quality, reliability and strong performance.

PharmaceuticalsAnimal Husbandry

FeedWater

TemperatureAir

ControlsManure Drying

Process IntoEnd Product- Eggs

BuildingsGenetics

Birds

CTB

CTB

EGG PRODUCTION CYCLE

4G r o w t h M I L E S to N E S

2002 CTB became a wholly owned subsidiary of Berkshire Hathaway Inc.

2002 Acquired key assets of Shenandoah Mfg. Co.

2006Acquired a controlling interest in Yan Agro Logic (1988) Ltd.

C o r E M A r k E t S w E S E r v E

Poultry Production Systemsour role in Protein Production – Poultry

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. PharmaceuticalsAnimal Husbandry

FeedWater

TemperatureAir

Controls

Process IntoEnd Product- Poultry Meat

BuildingsGenetics

Birds

CTB

CTB

POULTRY PRODUCTION CYCLE

2004Acquired the assets of Swine Service Specialists, Inc.

5G r o w t h M I L E S to N E S

2007Acquired both Laake GmbH and the Porcon group of companies; formed the PigTek Pig Equipment Group.

2008Acquired Uniqfill International B.V.

2008Acquired B. Mannebeck Landtechnik GmbH.

2010Sales office & warehouse established in Malaysia.

CorE MArkEtS wE SErvE

Pig Production Systemsour 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.

PharmaceuticalsAnimal Husbandry

FeedWater

TemperatureAir

ControlsAir Cleaning

Process IntoEnd Product - Pork

BuildingsGenetics

Pigs

CTB

CTB

PIG PRODUCTION CYCLE

6G r o w t h M I L E S to N E S

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.

2010Sales office & warehouse established in Malaysia.

S t r A t E G y F o r C o N t I N u E D G r o w t h

Emerge as best cost manufacturer through improved productivity, greater operational efficiency, and high quality and service.

Emphasize product-driven focus by continuing to introduce innovative products and high-value product packages that our customers prefer.

Expand global physical presence in key markets to improve our competi-tive advantage and to provide a greater level of service to our customers.

Fortify through acquisitions and other business arrangements for greater strength in product lines, technology, expertise and distribution.

Enhance financial strength through profitable growth and strategic use of cash and assets.

ADDItIoNAL MArkEtS wE SErvE

Systems For other Applicationshorticulture, Equestrian Sports, Air Cleaning, oil Containment,

Industrial Material Storage and handling

1 2

4

5

7

3

Core Market Products and Systems

CTB-1671C/0510

MARKETS PRIMARY BRANDS, PRODUCTS & USES SAMPLE INSTALLATION

PoultryProduction

BRANDS: Agro Logic®, Chore-Time®, Fancom®, ProTerra®, Roxell®, Shenandoah®

PRODUCTS: Feeders and drinkers; ventila-tion, 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.

EggProduction

BRANDS: Chore-Time®, Fancom®, Roxell®PRODUCTS: Feeders and drinkers; ventila-tion, heating and cooling systems; controls and software; housing systems; egg collectors; feed storage and delivery systems; and incinerators.FOR: Pullets and laying hens.

PigProduction

BRANDS: Chore-Time®, Fancom®, Laake®, Mannebeck™, PigTek®, Porcon®, Roxell®, Uniqfill®

PRODUCTS: Automated and electronic feed-ing 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.

GrainPreservation

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.

CTB, INC.A Berkshire Hathaway Company611 North Higbee StreetP.O. Box 2000Milford, Indiana 46542-2000 U.S.A.Phone 574-658-4191 • Fax 574-658-3471E-mail: ctb@ctbinc.com • Internet: www.ctbinc.com

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