Saved A Customer Over $1,000,000 in Soybean Fire Recovery
A large agricultural storage facility experienced a devastating soybean fire, threatening to destroy thousands of bushels of valuable product.
Recognizing the urgency of the situation, the facility turned to us for our expertise in fire recovery and commodity salvage.
Challenges
- A sudden and unexpected fire put the entire soybean inventory at risk.
- Identifying the fire’s cause was crucial to understanding how to attack the fire while also maximizing the recovery.
- Separating usable soybeans from those rendered unsalvageable by fire damage.
Our Approach
Accident Discovery & Cause Identification
- Upon arrival, we conducted a thorough investigation to determine the cause of the fire. Identifying the source helped in mitigating further risk and assisted with insurance and liability claims.
Strategic Separation of Soybeans
- Rather than allowing all soybeans to be written off as a total loss, we swiftly initiated a separation process. This involved sorting burning soybeans into two distinct piles:
- Severely Damaged Beans: Removed from the facility to prevent further contamination and losses.
- Salvageable Beans: Isolated and assessed for quality.
Market Recovery & Financial Impact
- Through our quick response and innovative salvage techniques, We successfully recovered 100,000 bushels of soybeans that remained viable for sale.
- These beans were sold at market prices, generating an additional recovery of over $1,000,000 for the customer.
Outcome & Customer Benefit
- The facility avoided a total loss scenario, significantly reducing financial damage.
- The salvaged product led to substantial revenue recovery, proving the effectiveness of our rapid response and strategic approach.
Conclusion
Our expertise in fire recovery not only saved the customer from a significant financial loss but also demonstrated the value of quick action and innovative problem-solving in agricultural salvage operations. By identifying the fire’s cause and strategically managing the situation, we helped secure over $1,000,000 in additional recovery—mitigating the financial hardship and turning the disaster into a salvage success story.
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