Ohio Farmer

Ohio Co-ops Intend to Merge

Auglaize Provico acquires EMP Co-op and plans merger with Minster Farmers Co-op.

April 16, 2007

1 Min Read

The Auglaize Farmers Board of Directors has agreed to acquire EMP Co-op Inc. with Auglaize Farmers Co-op stock. Auglaize Provico, Wapakoneta, has been providing management services to EMP Co-op since last December and will continue to do so until the effective date of the transaction, which is Sept. 1. EMP Co-op is a grain marketing and crop production supply farmer cooperative on the Ohio-Indiana border that operates 6 locations in Ohio and Indiana with 25 employees. EMP Co-op had $33 million in total sales in 2006 with 9 million bushels of grain sales and $7 million in crop supply sales.

In addition. Auglaize/Provico and Minster Farmers Cooperative Exchange, Minster, having worked together in a number of areas such as feed, fertilizer, crop protection products, grain and petroleum, have announced plans of intent to merge the two cooperatives. The merger will require an affirmative vote by the members of both organizations.

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