FCEC Membership Approves Merger

May 24, 2024


FOR IMMEDIATE MEDIA RELEASE

May 28

GARDEN 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
 

Read More News

Apr 30, 2024
FCEC Schedules Membership Re-vote May 23. A special member meeting will be held on May 23 for FCEC’s membership to vote on the merger. A 2/3 majority vote is required for the merger to pass. To learn more, please join us.
Apr 16, 2024
Membership from the Farmer’s Cooperative Elevator Company headquartered in Garden Plain, voted on the proposed merger with Kanza Cooperative Association at a special meeting on April 15.
Mar 18, 2024

FCEC (Garden Plain) and Kanza Sign Unification Agreement