Main
Utilities
Grain
My Frontier Business App
Cash Bids
Current Bid Sheet
Grain Historical Bid Data
Futures
Grain ACH Form
Weather
Agronomy
Truterra
Precision Ag
Ultimate Acre System
Energy
Energy Overview
Agricultural Petroleum Propane Contract Request
Commercial Petroleum Propane Contract Request
Heating Propane Contract Request Form
Petroleum Order Form
Order Propane
Feed
Feed Products
Grain Bank Policy
Safety
Grain Safety
Chemical Safety
Energy Safety
About
Values, Mission, Vision
Board of Directors
Senior Leadership
HQ Staff
Credit Application
Contact Us
Careers
Internships
Scholarships
About
News
Careers
Locations
Contact Us
Customer Login
Search for:
Planning Services
News
Locations
Contact
Customer Login
Coop News
>
Frontier Cooperative & Farmer's Union Coop Association Sign Definitive Agreement
Frontier Cooperative & Farmer's Union Coop Association Sign Definitive Agreement
Jul 24, 2020
Print
Share
Facebook
Twitter
Email
(Lincoln, NE and Cedar Bluffs, NE) –
This week, the Boards of Directors for Frontier Cooperative and Farmers Union Cooperative Association of Cedar Bluffs unanimously voted to sign a definitive agreement. Signing the definitive agreement means the Boards approved moving forward with final due diligence and a member vote by the Farmers Union Coop Association patrons to unify the two cooperatives. This decision came after completing due diligence during which the companies evaluated the benefits and risks of this unification.
“I am excited about this opportunity for Farmers Union Coop Association,” said Frank Vech, Board Chair for Farmers Union Coop Association. “This unification will allow us to continue to grow, compete and succeed in Nebraska.”
During the due diligence, the boards identified specific benefits for both members and employees that demonstrated the suitability of moving forward with this unification at this time. The benefits identified include strengthening member service to continue investing in technology, talent, assets and programs; the ability to compete and grow more effectively over a greater combined area, capacity and capability; and the ability to strategically position the company for the future.
Subject to directed health measures due to the COVID-19 pandemic, the two cooperatives will finalize due diligence, as well as hold a member meeting in Cedar Bluffs to communicate in more detail about why the Board of Directors for Farmers Union Coop Association decided to move forward with a member vote for unification. Member voting packets will be mailed in the near future.
About Frontier Cooperative
Frontier Cooperative is a full-service, member-owned cooperative operating primarily throughout east and southeast Nebraska. Frontier offers products and services in Grain, Agronomy, Feed and Energy and has been proudly serving local producers for over 100 years.
About Farmers Union Coop Association
Farmers Union Coop Association is a farmer-owned cooperative operating four locations in Cedar Bluffs, Wahoo, Bruno and Prague, Nebraska. Since 1888, it has provided value and services to help its patrons be successful.
#####
Media Inquiries
Frontier Cooperative
CEO Jeremy Wilhelm / 402-937-1800
Farmers Union Coop Association
GM Randy Carlholm / 402-628-3065
Read More News
Frontier Awards Area Scholarships
Apr 13, 2022
Frontier announces scholarship awards to 20 area students.
Frontier Fuel Stations Raise Funds for Cancer Research
Jan 10, 2022
Fuel retailers across Nebraska joined forces to raise funds for October “Fuel the Cure.”
Frontier Cooperative Donates to Local FFA Chapter Grants
Nov 17, 2021
Eight FFA chapters receive Frontier Cooperative local grant awards.