Dec 23, 2015 at 09:27 AM CST
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FEATURE, Local News, Media, News
http://kchanews.com/2015/12/23/two-big-iowa-coops-will-be-merging/ Ames, Iowa – The unification of two Iowa cooperatives is underway following approval of the merger by members of both the Ames-based Farmers Coop (FC) and Ralston-based West Central Co-op. Farmers Coop CEO Jim Chism says the unified cooperative, to be known as Landus Cooperative, will be headquartered in Ames. Landus Cooperative will be led by current West Central president and CEO Milan Kucerak. Chism, who will eventually leave the company, sees several advantages for members as a result of the merger.
Farmers Coop in Ames was already the largest farmer-owned ag cooperative in Iowa — with 5,500 members and 450 full-time employees. Together, West Central and FC have more than 70 grain, agronomy and feed locations in 26 Iowa and three Minnesota counties. Landus Cooperative will reportedly become the seventh largest grain company in North America. |