[Congressional Record (Bound Edition), Volume 162 (2016), Part 3]
[Senate]
[Pages 4304-4305]
[From the U.S. Government Publishing Office, www.gpo.gov]




            RECOGNIZING TRIANGLE COOPERATIVE SERVICE COMPANY

 Mr. INHOFE. Madam President, today I wish to highlight the 
100-year history of the Triangle Cooperative Service Company of Enid, 
OK. This year, 2016, is their 100th year in business in Oklahoma, and I 
am pleased to highlight them on the floor of the U.S. Senate.
  Triangle Cooperative Service Company was founded in 1916 by 20 local 
Oklahoma cooperatives to ensure rural Oklahomans could get their grain 
products to market at a fair price via rail. Soon, they grew their 
business to support Oklahomans in other ways, including helping conduct 
grain audits and by providing accounting services.
  In 1929, it was decided that Triangle Cooperative Service Company 
would continue to offer member services to the local cooperatives, 
while a separate entity would be the official Grain Sales Agency for 
both Oklahoma and Texas. During the 1930s and the 1940s, a large number 
of grain facilities and cotton gins were built throughout Oklahoma. 
These new facilities created an increased demand for insurance to 
protect Oklahoma's farming communities from drought, natural disasters, 
and other severe weather events. In 1932, TCSC Insurance Agency was 
formed and molded the future of the Triangle organization. The Triangle 
Insurance Company was chartered on January 3, 1992, officially becoming 
a licensed property and casualty insurance company within the State of 
Oklahoma.

[[Page 4305]]

  In 1996, the memberships of Triangle Cooperative Service Company and 
Producers Exchange Cooperative voted to merge the two cooperatives. 
This decision to merge marked the beginning of Triangle's expansion. 
Today, Triangle Cooperative Service Company has grown to 125 employees 
and over 300 members throughout 20 Midwestern States, continuing to 
spread its proud tradition of quality service.
  In addition to the insurance agency and insurance company, Triangle 
Cooperative Service Company offers its member cooperatives employee 
group benefits, HR solutions and safety, and compliance management. 
Today, the Triangle Cooperative Service Company is cooperatively owned 
and governed by a board of directors and Mr. John Berg serves as 
president and CEO.
  I am pleased to highlight the history and journey of the Triangle 
Cooperative Service Company as part of their 100-year history 
today.

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