Wisconsin River Co-op To Merge With Farmers Co-op

Wisconsin River Agronomy team

Two Wisconsin cooperatives, Wisconsin River Co-op (currently ranked No. 60 on the CropLife 100 rankings), based in Adams, and Farmer’s Co-op Supply and Shipping Association, based in West Salem, signed a letter of intent and announced plans to pursue a merger of the companies.

“There are many advantages to a unification of our cooperatives,” said Wisconsin River Co-op CEO Timothy Diemert. “Both cooperatives are strong – with nearly equal sales and assets. Together the two cooperatives will have the purchasing power of a $220 million company. We will improve the utilization of our facilities and equipment. We can add efficiency to our sales and delivery routes. We will also be better positioned for growth and have increased access to capital. These advantages are just a few of the many that have been identified. Each of these advantages will strengthen our leadership position in the marketplace and help to ensure the long-term success of our cooperative.”

“We are both financially sound,” added Farmer’s Co-op Supply and Shipping Association General Manager Monty Wick. “We’re doing what we feel is best for our members in an increasingly competitive and ever-changing marketplace.”

The boards of both co-ops have strongly endorsed a merger.  A vote by the members is scheduled to take place in early November. For the merger to proceed the majority of each cooperative’s members must cast votes in favor of the plan.  If the members support the merger, the transition to the combined organization will take place in early 2013.

“Sometimes businesses merge to overcome the weakness of one or both of the entities being joined. Others, however, combine operations to set the stage for an even better future – as is the case with the pending combination of Wisconsin River Co-op and Farmer’s Co-op,” said Wick. “We believe this is a win-win for both cooperatives.”

The cooperatives will hold a series of member meetings in early November to address customer questions and concerns. A complete list of meeting times and locations may be found here.

Wisconsin River Co-op has been serving the people of central Wisconsin for more than 80 years. With services ranging from agronomy, feed and grain to LP and refined fuels to auto parts, tires and a convenience store, Wisconsin River Co-op has operations in Adams, Mauston, Necedah, Plainfield, Plover and Wisconsin Dells.

Farmers Co-op Supply and Shipping Association was formed in 1917. Its services include agronomy, feed, grain, LP, refined fuels, hardware, tires and a convenience store. It has operations in West Salem, Galesville, Melrose, Mindoro and Tomah.

Topics:

Leave a Reply

CropLife 100 Stories

CropLife 100CHS To Build $3 Billion Fertilizer Plant In North Dakota
September 5, 2014
The fertilizer plant in Spiritwood will be the single largest investment in CHS history, as well as the single largest private investment project ever undertaken in North Dakota. Read More
CropLife 100BRANDT Acquires Lemon Ag Services
August 4, 2014
The acquisition of Lemon Ag fits BRANDT’s aggressive corporate strategy of providing superior agronomic advice and services for customers in central Illinois. Read More
CropLife 100Wilbur-Ellis To Relocate Agribusiness Division To Denver
July 16, 2014
The move Eastward will allow Wilbur-Ellis’ Agribusiness Division to be more accessible to relevant geographies and is expected to enhance communication and collaboration among the division’s nearly 3,000 employees. Read More
CropLife 100Map: Pinnacle Agriculture Holdings Acquisitions In 2014
May 29, 2014
Pinnacle Agriculture Holdings continues to expand its agricultural retail distribution business through these key acquisitions in 2014. Read More

Trending Articles

CropLife 100CHS To Build $3 Billion Fertilizer Plant In North Dakota
September 5, 2014
The fertilizer plant in Spiritwood will be the single largest investment in CHS history, as well as the single largest private investment project ever undertaken in North Dakota. Read More
EquipmentNew Holland Acquires Miller-St. Nazianz
September 3, 2014
The assets of Miller acquired as part of the transaction will become part of New Holland Agriculture, a CNH Industrial brand, building on a successful four-year partnership between the two companies. Read More
CropLife 100Pinnacle Acquires East Kansas Chemical
September 2, 2014
Ranked 82nd on the CropLife 100, East Kansas Chemical will operate as part of Pinnacle's Performance Agriculture brand. Read More
MAGIE 2014 ShowStopper
EquipmentJohn Deere Again Wins MAGIE ShowStopper Award
August 25, 2014
For the second consecutive year, John Deere was honored at the Midwest AG Industries Exposition (MAGIE) for its new R4045 sprayer. Read More
ManagementExpert To Discuss Farmland Value, Rent At Farm Science Review
August 18, 2014
While cropland values in Ohio increased in the past two years, they have remained flat in 2014, declining in some cases, according to an Ohio State University agricultural economist. Read More
EquipmentAdvance Your Technology IQ At MAGIE
August 13, 2014
The Midwest AG Industries Exposition (August 20-21) is the place you need to be to see, study and evaluate how new advances in the equipment, operations, crop protection and fertility sectors can help your business prosper. Read More

Latest News

NIMITZ Treated vs Untreated pepper plant
InsecticidesNIMITZ Nematicide Approved By EPA
September 12, 2014
NIMITZ is a novel, non-fumigant nematicide with simplified application features, user safety and an active ingredient with a unique mode of action. Read More
InsecticidesMarrone Bio Innovations Receives Patent For Chromobacte…
September 11, 2014
The patent is the first step for MBI in developing a commercially viable product to inhibit infestations of corn rootworm larvae across America and other regions. Read More
HerbicidesDow AgroSciences: Keeping The Pipeline Stocked
September 11, 2014
Dow AgroSciences is embracing product diversity to drive the company’s future. Read More
CropLife 100CHS Is Official Partner Of New St. Paul Ballpark
September 10, 2014
The new ballpark in St. Paul, MN, officially became CHS Field with Twin Cities-based CHS Inc. revealed as the naming rights partner. Read More
EquipmentHagie Honors Farming Stewardship Leaders
September 10, 2014
The Iowa Farm Environmental Leader award recognizes Iowa farmers as environmental leaders that are committed to healthy soils and improved water quality. Read More
Precision AgPlantBeat: Your Plants’ Pulse In The Palm Of Your Han…
September 10, 2014
A new agronomic monitoring and recommendation service from Phytech could rewrite the book on real-time plant health status monitoring. Read More
StewardshipCCAs Making Headway With 4R Program In Lake Erie Wester…
September 9, 2014
Certified Crop Advisers are implementing the 4R Nutrient Stewardship Certification program in Lake Erie's Western Basin to improve water quality. Read More
MicronutrientsMicronutrients Going Macro
September 9, 2014
Between 2014’s fantastic growing conditions and a heightened awareness on plant nutrition, the major players in micronutrients are gearing up for another big year. Read More
Crop InputsFMC Announces Cheminova Takeover
September 8, 2014
FMC Corporation today announced that it has signed a definitive agreement to acquire Cheminova, a wholly owned subsidiary of Auriga Industries. Read More
HerbicidesValent’s Fierce XLT Herbicide Receives EPA Approv…
September 8, 2014
Valent U.S.A. Corp. announced today that Fierce XLT Soybean Herbicide is now federally registered for preemergence weed control in soybeans Read More
Eric SfiligojIndustry Consolidation Set To Increase Going Forward
September 8, 2014
As the agricultural marketplace moves into fall, one observer predicts the pace of consolidation will grow at all levels. Read More
LegislationCropLife America Leaders Address Regulatory Landscape, …
September 8, 2014
As CropLife America enters its 81st year, the organization’s leaders have seen another period of rapid and visible policy and public issue activity. Read More
FertilizerFall Fertility 2014: Forecasting Fertilizer Use
September 7, 2014
Great crops this year have tapped the soil, and fall work is definitely called for, but how challenging will that get? Read More
Precision AgPrecision Agriculture: Finding The Payback
September 6, 2014
Profitability in precision ag is not about any one technology, but the result of employing technology in a total system approach that is agronomically sound. Read More
CropLife 100Wilbur-Ellis Acquires North Dakota Retailer
September 5, 2014
Wilbur-Ellis Co. has acquired the assets of Poynter’s Ag Supply, a retail facility and Wilbur-Ellis alliance partner located in Sawyer, ND. Read More
Crop InputsAg Leader Chris Novak To Become NCGA CEO
September 5, 2014
Industry veteran Chris Novak will take the place of 14-year veteran Rick Tolman, who earlier this year announced his intention to retire from the organization. Read More
CropLife 100CHS To Build $3 Billion Fertilizer Plant In North Dakot…
September 5, 2014
The fertilizer plant in Spiritwood will be the single largest investment in CHS history, as well as the single largest private investment project ever undertaken in North Dakota. Read More
Crop InputsBayer CropScience Plans Further Growth In U.S., Opens N…
September 5, 2014
After the official inauguration of Bayer CropScience's new integrated R&D site in West Sacramento, CA, the company aims to grow faster than the U.S. market. Read More