Wisconsin River Co-op plans merger
Wisconsin River co-op and Farmer’s Co-op in West Salem plan merger. The two cooperatives have signed a letter of intent and announced plans to pursue a merger. Wisconsin River Co-op CEO Timothy Diemert said, “both cooperatives are strong, with nearly equal sales and assets.” Farmer’s Co-op Supply and Shipping Association General Manager Monty Wick said, “we are both financially sound. We believe this is a win-win for both companies.” The boards of both co-ops have strongly endorsed the merger. A vote by the members is scheduled for early November. For the merger to proceed, the majority of each cooperative’s members must vote in favor of the plan. Wisconsin River Co-op has been serving the people of central Wisconsin for more than 80-years. Farmers Co-op Supply and Shipping Association was formed in 1917 and has operations in West Salem, Galesville, Melrose, Mindoro, and Tomah.
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