River Region Coop, South Central Grain and Energy approve merger 17 Jun 17

The memberships of River Region Cooperative in Sleepy Eye and South Central Grain and Energy of Fairfax both approved the plan of merger of the two companies. The cooperatives entered a merger study in early 2017 to identify if there were tangible, strategic, operational and territorial benefits to a merger of the two companies. The vote was submitted to the member on May 30th and tallied at a special meeting June 16th. The merger was approved with 403 voters in favor and 124 votes in opposition. A new name will be stablished for the unified company with a registered address of Sleepy Eye. To learn more visit riverregioncoop.com or scgemn.com.