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Sunday, September 26, 2021

Central Valley Ag And Farmway Announce Merger

The Farmway Co-op, Inc. membership has voted to approve unification with Central Valley Ag (CVA). After a series of 13 informational voting sessions, accounting firm K-COE ISOM certified the owners of Farmway approved the merger with CVA by a super majority of 91%. The unified cooperative will retain the Central Valley Ag name and be headquartered in York, Neb. with Carl Dickinson serving as President/CEO.

“We are pleased that Farmway members have voted to unify CVA and Farmway. Both Boards felt strongly that unification would bring additional value to the members of both cooperatives and the results of the Farmway vote reaffirms this,” said Dave Beckman, CVA Board Chairman. “Central Valley Ag cooperative has a proud history on which the foundation has been laid for building a promising future of service to its members in agriculture.”

Initial merger discussions between the cooperatives began in January 2017, with the respective boards meeting in April to unanimously approve an Agreement and Plan of Merger. Farmway voting members received ballots at informational voting sessions throughout May and June with the final tally of votes completed June 8.

“We are confident that together, we will become an even stronger cooperative for our member-owners with the ability to maintain local farmer-ownership for generations to come,” said Tim Porter, Farmway Board Chairman. “On behalf of our boards, management and employees, we appreciate each and every member who cast a ballot which made today’s announcement possible.”

Farmway and CVA will officially unite into one cooperative September 1, 2017. The new Central Valley Ag will consist of locations across Iowa, Nebraska and Kansas with more than 800 employees dedicated to serving its producer-owners. The cooperative offers a wide range of products, services, information and innovation through its agronomy, energy, feed and grain divisions to meet the needs of agricultural producers across the region.

 

To learn more, visit cvacoop.com or farmwaycoop.com.

Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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