Pioneer Co-op Totals Almost $274M in Sales in 2014

Written by Colin Powers on Thursday, 09 April 2015

co-opboardThe board of directors for the Pioneer Co-op

Pioneer Co-op wrapped up another successful year with their Annual General Meeting Wednesday night at the Credit Union iplex Auditorium, where the organization reported $273,920,253 in sales in 2014.

“It been a good year in the southwest, I think, for everybody,” said Pioneer Co-op General Manager Stuart Dyrland. “Sales have increased nicely in pretty much all areas. Very strong in agro, petroleum prices were high through the year. It’s a bit of a drop this year… it’s great for the consumer, prices are dropping in that side of it, but it will be tough to achieve sales this year, but we’re very happy with last year’s sales.

“It was a very good year in agriculture, a lot of hard work done by our staff, and everyone in that ag sector has done a great job for us,” Dyrland added.

Dyrland says the increase in sales has led to a patronage allocation of over $13 million to their members. Around $12 million will be paid out in cash back during the Co-op’s Dividend Days in the first week of June.

He added they are continuing to make upgrades at their branch locations when needed, completing renovations at the Herbert and Ponteix locations in 2014, and they are planning to do more renovations in the new year.

Ninety-five Pioneer Co-op members were in attendance at Wednesday’s meeting, where they took part in director elections for the Co-op’s board. Incumbent directors Neil Wallace, Uli Cartman and Don Mathies were elected to three-year terms on the board, while newcomer Mac Forster was installed to a two-year term.

via Local News

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