AGI reports commercial grain storage bin failure
The incident did not result in any injuries.
The cause of and any responsibility for the incident is not yet known, and as such the Company is not able to determine any costs it may incur related to the incident.
The grain storage bin that collapsed is part of a new and distinct product line that was developed and manufactured by the Company for two significant commercial projects.
15 of these bins are located at the facility where the incident occurred and an additional 20 have been manufactured for another customer but have not yet been commissioned.
As part of its standard protocol, in investigating this incident the Company will be investigating all bins in the product line. ■