After Milner Dam was constructed agricultural production in south-central Idaho increased substantially. In 1909, the privately owned Twin Falls Land and Water Company was reorganized as the shareholder-owned Twin Falls Canal Company. Twin Falls became a major regional economic center serving the agriculture industry, a role which it has sustained to the present day. The city became a processing center for several agricultural commodities, notably beans and sugar beets. In later years other food processing operations augmented the local economy. By 1960, Twin Falls had become one of Idaho's largest cities even though its origins were still within living memory for many.