Hillco Technologies

The Importance of Education

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The issue of educating our youth about local job opportunities holds immense significance here at Hillco Technologies. Idaho’s manufacturing industry is currently overtaking national growth rates at 29% compared to the national average of 7%. As a manufacturing company, Hillco Technologies is the largest private employer in Lewis County. Even so, many adolescents are unaware of our presence in the job market.

The matter of offering young individuals a clearer understanding of the employment landscape within their immediate vicinity is paramount. Having immediate options to begin building their financial house, without the need to relocate, enables them to build a solid foundation for financial health in their future. By familiarizing themselves with options available locally, youth can make informed decisions about their career paths, considering factors such as industry demands, growth potential, and personal interests. Additionally, they can gain valuable insights into potential careers while incurring none of the expenses they would while pursuing a bachelor’s degree in an unfamiliar field.

This knowledge empowers them to pursue careers that align with their skills and aspirations while also contributing to the economic vitality of small towns like our own.

This education begins at home. During our interactions at the first ever Kamiah High School Job Fair this year, we had the opportunity to connect with many of our own employee’s children. While they were aware that their parents work with us, they were completely unaware of the role their own parents currently play at our factory. We brought this discussion point up at our quarterly meeting—career education begins at home! Include your children in work conversations!

Promoting this awareness of local job opportunities bolsters the sustainability of the community’s economy. Towns like Nezperce, ID often rely on a diverse range of industries, from agriculture and manufacturing to hospitality. By encouraging our young people to invest their talents and resources in local enterprises, rural areas enhance their economic self-sufficiency and reduce reliance on external sources for employment.

An additional effect is a sense of belonging. When young adults are aware of the diverse employment opportunities available around them, they develop a deeper connection to their community and are more likely to invest in its long-term prosperity. This can lead to increased participation in local initiatives, support for small businesses, and a stronger sense of communal identity. By nurturing a generation of youth who are invested in the success of their own small towns, communities can cultivate a vibrant and resilient social fabric that sustains their unique character and fosters a sense of belonging for all residents.

 

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Return on Investment Calculator

This calculator is designed to determine the return on investment for a Hillco leveling system equipped combine versus a non-leveling combine operating in sloping conditions.

Crop Type
Wheat       Corn and Soybean
Acreage Information

Crop Information

Enter your operation's statistics and estimates.
Wheat
Corn
Soybeans

Acreage / Slope Information

Estimate the percentage of total harvested acres that lay within the various slope ranges in your farming operation.
For all Wheat Acreage
See Slope reference chart
Percentage slope values must equal 100%
100%
Your Harvest Speeds and Machine Harvested Yield (MHY)

Non-Leveling Ground Speed in MPH

Enter the average harvesting speed for your non-leveling combine in the various slope ranges at the average yield entered in the Crop Information section above.

Slope Reference Graph
Wheat
Corn
Soy

Reduction in Machine Harvested Yield (bu/acre)

Estimate the reduction of Machine Harvested Yield (MHY) for each slope range if you were harvesting at the speed you entered for 0-3% slopes. (The calcultor will then project expected reductions in MHY for each slope range at your previously estimated ground speeds.)

You may opt to enter the test data which was determined by actual field testing by Hillco (based on 5 mph harvesting speed).

Reduction in MHY is used in these calculations rather than field loss. Reduction in MHY is a more accurate guage of combine harvesting efficiency because it can be determined by actually weighing the harvested yield rather than estimating the amount of yield lost to the ground.

Use test data or your own
Corn
Soy
Your Combine and Header Information
Enter your expected combine harvesting efficiency. Typically a combine operates at approximately 70% efficiency. If the Total Annual Separator Hours calculated below look too small you may want to decrease the combine efficiency. If the Total Annual Separator Hours calculated below look too large you may want to increase the combine efficiency.
Wheat head width in feet
Corn head width in feet
Flex header width in feet
Combine Field Efficiency (Typically 70%)
(Must enter value other than 0%)
Your Operational Costs
This total should include additional cost of benefits and taxes. If you wish to include the grain cart operator's cost add the hourly wage to the combine operator hourly labor costs.
Combine Operator Labor Cost (per hour, including taxes and benefits)
Combine Fuel Cost

If you wish to include added grain cart fuel add hourly grain cart fuel usage to the combine fuel usage.

Combine Fuel Consumption (Hourly - Typically 11-13 gph)

Cost per added separator hour usually runs approximately $180 per hour for new combines to $30 per hour for older used combines. If you don't want to consider the added benefit of lower separator hours enter $0.

Cost Per Separator Hour
(How much does your combine devalue for each added separator hour of use?)

Use example prices below or obtain a quote from your local dealership.

List price examples for leveling systems used on John Deere combines:
Leveling System Model 2955S for -- 9560-70 STS combine dual tire, w/ Hillco Leveler Installed = $42,960.00 List Price

Leveling System Model 2970S for -- 96-97-9860-70 STS combine,dual tire w/ Hillco Leveler Installed = $42,085.00 List Price

List price examples for leveling systems used on Case-IH combines:
Leveling System Model 2800 for -- 2577-88 combine, dual tire w/Hillco Leveler, Installed = $42,210.00 List Price


See examples or call your local dealership for a quote.
(On Leveling System Financing)

Enter the number of years (from 1 to 5, whole number) for the desired calculation period.

Market value at the end of 5 years regardless of the length of the calculation period.

Used in net present value calculation

Cash Flows (Totals for Calculation Period)
Positive Cash Flows
Labor Savings
0
Fuel and Lubcriation Savings
0
Increased Income from Machine Harvested Yield
0
Residual Value of Leveling System (At end of Calculation Period)
0
Increased Combine Value Due to Reduced Separator Hours
0
Total Positive Cash Flows
0
Negative Cash Flows
Leveling System Cost (Total Principle & Interest Payments)
-0
Remaining Principle Balance On 5 Year Note
-0
Leveling System Maintenance Cost (Annual 2% of Purchase Price)
-0
Total Negative Cash Flows
-0
Total Net Cash Flow (Positive - Negative)
0
Investment Analysis
Total Average Annual Separator Hours (without leveling system)
0
Total Average Annual Separator Hours (with leveling system)
0
Average Annual Separator Hour Savings
0
Total Separator Hour Savings as % of Total Separator Hours
0
Average Payback Period (in years)
The length of time it takes for an investment to recover its initial cost.
0
Total Net Present Value of Cash Flows
NPV compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.
0
Internal Rate of Return
The internal rate of return (IRR) method allows you to consider the time value of money. It is the interest rate that is equivalent to the dollar returns you expect from your project. Once you know the rate, you can compare it to the rates you could earn by investing your money in other projects or investments. Usually a business owner will insist that in order to be acceptable, a project must be expected to earn an IRR that is at least several percentage points higher than the cost of borrowing, to compensate the company for its risk, time, and trouble associated with the project.
0