MOUNDRIDGE, KANSAS, US — Progressive Ag Cooperative has approved merging with Mid-Kansas Cooperative (MKC) with 85% of owners voting in favor during a special meeting March 10.
Initial merger discussions between the cooperatives began prior to the respective boards approving a plan and merger agreement on Feb. 15. Progressive Ag Cooperative and MKC will officially unite on May 16. Over the next several weeks, the two cooperatives will communicate with members and other stakeholders about the merger.
“The approved vote shows our members see the same vision the Board did in partnering with MKC,” said Derek Totten, board chairman of Progressive Ag, based in Wellington, Kansas, US. "We look forward to improved efficiencies in operations, and the opportunity to expand our technologies and other services to producers’ operations in our footprint.”
With the addition of Progressive Ag Cooperative, MKC, based in Moundridge, Kansas, US, will consist of 71 locations with nearly 600 employees. The cooperative offers a wide range of products, programs and services through its agronomy, energy, feed, energy, and risk management divisions to meet the needs of agricultural producers across its’ footprint.
“Together, we identified benefits we can gain by combining the two organizations, and we look forward to working together for the future of our cooperatives, the members and our employees,” said Allan Wegner, board chairman of MKC.