Danville Cooperative Association and Farmers Coop Grain Association consider merger
Submitted to Sumner Newscow — The Danville Cooperative Association and the Farmers Coop Grain Association, both full service farm supply cooperatives located in South Central Kansas, have entered in to a discussion regarding a possible merger of their two companies.
According to David Wedman, Board President of the Danville Cooperative Association, “There are several factors that make our Cooperatives suitable partners. We are both strong Cooperatives who share similar business values and goals. In addition, our trade territories are contiguous, and for this reason we share many of the same members/patrons. Based on our initial assessment, our combined membership will benefit from the efficiencies gained from eliminating duplicate processes and also from achieving economies of scale due to our combined size.â€
“In addition, we also share common challenges that have already led us to our current working partnerships through Comark Grain, safety and compliance services, and human resources. We also want to emphasize that at this time the only decision made is to explore in greater depth, what the two Coops would look like together. The results of this study will be shared with both company’s members/patrons during meetings scheduled at a later date,†said Derek Totten, Chairman of the Farmers Coop Grain Association.
About Danville Cooperative Association
The Danville Cooperative Association is headquartered in Danville, Kansas.
Today, Danville Cooperative Association operates multiple grain elevators across South Central Kansas including locations in Argonia, Bluff City, Danville, Newport, Metcalf and Wellington. They also have a location in Albin, Oklahoma. Total licensed grain storage capacity is over 7.8 million bushels.
Additionally, Danville Cooperative Association has a full-service agronomy division that provides bulk liquid, dry, and anhydrous ammonia fertilizers, chemicals and seed, as well as custom application for fertilizer and chemicals. They also have a full service energy division providing fuel services and bulk fuel delivery. Please visit their website at www.danvillecoop.com.
About Farmers Coop Grain Association
The Farmers Coop Grain Association, Inc., is located in the heart of Sumner county, Kansas. Farmers Coop Grain Association consists of five full-service grain elevators located in Mayfield, Oxford, Rome, South Haven and at our home office in Wellington. Total licenses grain storage capacity is over 4.1 million bushels.
The Coop offers quality grain, fertilizer, feed and fuel services for the entire county and more. In addition, the Wellington location offers a full-service tire facility and propane service and delivery. Please visit their website at www.wellingtoncoop.com.
