Northeast dairy cooperative may merge with big cooperative
ST. ALBANS, Vt. (AP) — The board of a Northeast dairy farmers’ cooperative is recommending merging with the national cooperative Dairy Farmers of America.
The board of the 100-year-old St. Albans Cooperative Creamery, which has roughly 340 members in Vermont, New York and New Hampshire, issued a written statement on Monday.
The members will vote on the proposed merger in late July.
Vermont Public Radio reports that if the merger is approved, the hauling company McDermotts, the St. Albans Cooperative Store, and the St. Albans Cooperative Creamery plant would all become fully-owned by DFA, based in Kansas.
St. Albans board chairman and Fairfield dairy farmer Harold J. Howrigan Jr., says the announcement comes after two years of strategic planning amid a challenging market and prolonged low milk prices paid to farmers.
Information from: WVPS-FM, http://www.vpr.net