For Immediate Release
March 11, 2021
PROGRESSIVE AG COOPERATIVE MEMBERS APPROVE UNIFICATION WITH MKC
WELLINGTON, Kan. And MOUNDRIDGE, Kan. – Progressive Ag Cooperative membership votes to approve unification with MKC. After a series of informational meetings, the owners of Progressive Ag Cooperative approved the merger with MKC by an overwhelming majority of 85% at a special vote meeting on March 10, 2022. Initial merger discussions between the cooperatives began prior to the respective boards approving a plan and merger agreement on February 15, 2022.
Progressive Ag Cooperative conducted due diligence with several other potential partners. Derek Totten, Progressive Ag Board Chairman, noted they chose MKC because they do a great job with customer service, facility improvement, branding, innovation, and employee and customer education. “The approved vote shows our members see the same vision the Board did in partnering with MKC. We look forward to improved efficiencies in operations, and the opportunity to expand our technologies and other services to producers’ operations in our 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, MKC Board Chairman.
Progressive Ag Cooperative and MKC will officially unite on May 16, 2022. Over the next several weeks, the two cooperatives will communicate with members and other stakeholders about the merger.
With the addition of Progressive Ag Cooperative, MKC will consist of 71 locations with nearly 600 employees dedicated to serving its member-owners. 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.
About Progressive Ag Cooperative Association
Progressive Ag Coop is a full-service farm cooperative servicing it’s members and communities in Sumner and Harper County areas. Progressive Ag’s Parent Cooperatives are Danville Coop, Est. 1952 and Wellington Farmers Coop, Est 1957. Progressive Ag Coop prides itself on customer partnering and service to our 1200+ members and communities with dedicated employees contributing over 385 years of combined service. Learn more about Progressive Ag Coop at www.proagcoop.com.
MKC is a full-service farm cooperative offering a complete line of products, programs and services for both farm and urban customers throughout Kansas. With a current membership of more than 8,300 members, MKC specializes in grain, agronomy, energy, feed and risk management. Since its founding in 1965, MKC has expanded its footprint to meet the changing demands of agriculture and to serve the needs of the producer. Learn more about MKC at www.mkcoop.com.
For more information:
Progressive Ag Coop