FCEC Membership Approves Merger
May 24, 2024
FOR IMMEDIATE MEDIA RELEASE
May 28GARDEN PLAIN & IUKA, Kan. — Members of Farmers Cooperative Elevator Company — Garden Plain (FCEC) approved a proposal to merge with Kanza Cooperative Association (Kana) during a special meeting in Cheney on May 23. The vote received the required two-thirds majority required by Kansas law — 180 affirmative and 85 dissenting.
"We had an excellent turnout from the membership and are very pleased that the majority approved the merger," said Dixie Brewster, Board President of FCEC. "This vote has set our cooperative on the best track to maintaining high-quality service and products to our members, stay the employer of choice in our communities, and protect our members' equity for generations to come."
This vote was the final step in approval of the merger proposed by the FCEC and Kanza boards, who unanimously signed the definitive agreement for a merger in March. The organizations will officially be combined into one entity on September 1, 2024.
"We are excited for the synergy that is possible as we bring these two strong cooperatives together," said Alvin Neville, Board Chair of Kanza. "We have so much in common from geography to service to strong financial positions. Together we will create a better cooperative for our members, employees, and the communities we serve."
MEDIA CONTACTS
Rusy Morehead
General Manager FCEC'(785) 275-3022
rmorehead@fcecks.com
Aland Woodard
General Manager, Kanza
(316) 519-9565
awoodard@kanzacoop.com