Paris Farmers Union is a popular agricultural supply store that caters to the needs of farmers and homeowners alike. With its extensive range of products, it has become a go-to destination for people who are looking for quality farming equipment and supplies.
However, many people wonder who owns Paris Farmers Union. In this article, we will explore the ownership of Paris Farmers Union and shed some light on the company’s history.
The History of Paris Farmers Union
Paris Farmers Union was founded in 1919 by a group of farmers who wanted to create a cooperative that would help them buy farming supplies at lower prices. The cooperative was named after the town where it was established, Paris, Maine. The founders believed that by pooling their resources, they could negotiate better deals with suppliers and pass on the savings to their members.
Over time, Paris Farmers Union grew in popularity and expanded its product line to include everything from seeds and fertilizers to animal feed and hardware. Today, it operates 10 stores across Maine and New Hampshire, employing over 300 people.
Who Owns Paris Farmers Union?
Paris Farmers Union is owned by its members. This means that anyone who purchases a membership becomes a part-owner of the cooperative. Members elect a board of directors who oversee the operations of the company and make decisions on behalf of the membership.
The board of directors comprises 11 members who are elected for three-year terms. They meet regularly to discuss important matters related to the cooperative’s business operations and make decisions that benefit all members.
Membership Benefits
As mentioned earlier, becoming a member of Paris Farmers Union means becoming an owner of the cooperative. This comes with several benefits such as:
- Discounts on products
- Access to exclusive deals
- Voting rights for board elections
- A say in the direction of the cooperative
- Sharing in the profits of the cooperative
Conclusion
Paris Farmers Union is a thriving agricultural cooperative that has been serving farmers and homeowners for over 100 years. Its success can be attributed to its members who own and operate the company.
By pooling their resources, members are able to purchase products at lower prices and benefit from exclusive deals. If you are interested in becoming a member, visit any Paris Farmers Union store or their website to learn more about membership options.
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