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IAAC International Assets Holding Corp. (MM)

23.86
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Assets Holding Corp. (MM) NASDAQ:IAAC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 23.86 0 01:00:00

Heartland Co-op Engages FCStone Environmental to Manage Environmental Risks and Opportunities

10/02/2010 7:30am

GlobeNewswire Inc.


International Assets (NASDAQ:IAAC)
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From Jul 2019 to Jul 2024

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FCStone's carbon affiliate today announced a new consulting agreement with Heartland Co-op, a leading agriculture co-op providing products and services to its farmer members and patrons, that will evaluate Heartland's risks and opportunities in the context of upcoming and existing environmental regulations and legislation. As part of the engagement, FCStone's carbon affiliate will provide an annual environmental assessment of Heartland's entire enterprise, as well as specific recommendations regarding sustainability opportunities.

Coinciding with its new relationship with Heartland Co-op, FCStone announced that its carbon affiliate will now be operating as FCStone Environmental. The new name more accurately reflects the full range of services offered to help companies develop their sustainability programs and to understand, respond to, and manage complex new environmental regulations and legislation.

"Heartland Co-op has grown tremendously over its 22-year history and we are always looking to ensure our growth is managed properly, and that we manage that growth in an environmentally sustainable manner," said Larry Petersen, CEO of Heartland Co-op.   "Our new engagement with FCStone Environmental gives us the added expertise and resources to develop and implement the right strategies for our organization and members moving forward."

"All aspects of the food production chain impact the environment through use of natural resources during production. With more stringent regulatory pressures, and rising costs of natural resources, it's time for businesses in every industry to evaluate their current practices," noted Mike Kinley, Chief Operating Officer, FCStone Environmental, LLC. "FCStone Environmental is committed to helping companies like Heartland become more efficient and better prepared for a sustainable future, while at the same time reducing costs."

About FCStone Environmental, LLC

FCStone Carbon, LLC, now doing business as FCStone Environmental, LLC, was founded in February 2006, as a wholly owned subsidiary of FCStone Group, Inc., an integrated commodity risk management company providing risk management consulting and transaction execution services to commercial commodity intermediaries, end users, and producers. FCStone Group is a wholly owned subsidiary of International Assets Holding Corporation. For more information, visit www.fcstone.com or call 1-515-223-3771.

Forward-Looking Statements

This press release may include forward-looking statements regarding, among other things, our plans, strategies and prospects, both business and financial. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation and FCStone Group, Inc., are intended to identify forward-looking statements.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the Company's filings with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.

Our forward-looking statements speak only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.

CONTACT: FCStone Environmental, LLC

Mike Kinley, Chief Operating Officer

(515) 223-3731

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