Co-Op Members Approve Merger

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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMembers of two southern Indiana cooperatives have approved a merger. Jackson-Jennings Farm Bureau Cooperative Association Inc. and Premier Companies will consolidate under the Premier name and serve 14 counties.
In November, the boards of directors for both cooperatives held a joint meeting, during which the board members unanimously voted in favor of the merger. The vote followed nearly a year of due diligence for each company.
"Both cooperatives entered into this merger with extremely strong balance sheets and histories of exceptional service to the communities they serve," said Harold Cooper, Premier CEO. "We believe our unification will create a diverse organization positioned to serve its members in Southeast Indiana efficiently and effectively in the dynamic and rapidly changing agriculture environment."
Cooper says "considerable" work lies ahead following the member vote. "We pledge open communication with our members, employees and other stakeholders throughout this process."