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Southern States Cooperative of Winchester is merging with 3 other co-ops in West Virginia and Maryland to form Freedom Ag & Energy Cooperative.
The Board of Directors of the co-ops formally approved the merger and now await the votes of each member.
The merger is expected to be finalized by the start of 2023.
The merger will allow the new cooperative to have a better competitive advantage and strengthen their financial position.
It will also help protect members equity and patronage.
Each cooperative shares similar core values and visions which should accelerate the merger.
No jobs will be eliminated in the process with overall employment expected to increase over the next 12 months.