Merger Of Major Ag Cooperatives Not Expected To Cost Jobs
HURON, S.D. (AP) — Officials with two of South Dakota’s largest agricultural co-operatives say a proposed merger is not expected to cost anyone their job.
North Central Farmers Elevator and South Dakota Wheat Growers are proposing to become CentraGro Cooperative.
Mike Nickolas is the current general manager for North Central. KOKK-AM reports ( ) he’s in line to become CentraGro’s new CEO.
Nickolas says the merger wouldn’t eliminate any employees, but says there are about 50 employees who are looking to take retirement.
The Aberdeen-based Wheat Growers has more than 5,400 members in the eastern Dakotas. Ipswich-based North Central serves 2,500 members in north central South Dakota and south central North Dakota.
Members from both cooperatives will vote on whether to approve a merger this summer.
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Information from: KOKK-AM,