Agway

Agway of DeWitt, New York, is an American agricultural business that offers feed for livestock and poultry, as well as seed, fertilizers, and herbicides.[1][2][3]

Agway Grain Silos on Route 130 in Bordentown, New Jersey.

History

Agway was formed on July 25, 1964, from a merger between the Grange League Federation and Eastern States Farmers' Exchange.[2][3][4] In 1965 the Pennsylvania Farm Bureau Cooperative merged into Agway.[2]

In 1980, Agway purchased dairy company HP Hood of Lynnfield, Massachusetts. It was sold to Catamount Dairy Holdings, LP of Boston in 1996 as part of downsizing due to overall financial losses since 1990. Agway also owned a significant share of Curtice-Burns Foods, Inc. of Rochester, New York from 1966 to 1994, part of holding company Pro-Fac Cooperative, Inc. from nearby Pittsford, New York which included the Birds Eye frozen foods brand.[5]

In 1999, Agway sold or closed all its retail outlets and sold their warehouse system to Southern States Cooperative. On October 1, 2002 the company filed for Chapter 11 bankruptcy.[3][6] The brand name is currently owned by Southern States Cooperative.

References

  1. ↑ Agway. Hoovers. Retrieved 2011-05-13.
  2. 1 2 3 "The 10th Anniversary". Observer-Reporter. July 22, 1974. Retrieved 2011-05-20. Agway was joined a year later by Pennsylvania Farm Bureau Cooperative Association. While Agway is marking the beginning of its second decade of service ...
  3. 1 2 3 Bruce L. Anderson and Brian M. Henehan. "What Went Wrong at Agway" (PDF). Archived from the original (PDF) on 2011-08-13. Retrieved 2011-05-13. First, a little history. Agway was formed in 1964, the result of a merger between GLF (Grange League Federation) and Eastern States Farmers’ Exchange. A year later the Pennsylvania Farm Bureau Cooperative merged into Agway. The result was a very large agricultural supply and marketing cooperative that covered 13 states, spanning from Maryland to Maine to Eastern Ohio. ...
  4. ↑ "Eastern States, Grange Merger". Associated Press. February 20, 1964. Retrieved 2011-05-20. The Eastern States Farmer's Exchange voted 471-17 Wednesday to consolidate with the cooperative Grange League Federation ...
  5. ↑ Reference for Business (Agway, Inc. Company Profile), Retrieved Apr. 23, 2015.
  6. ↑ "Agway Reveals Chapter 11 Plans". Associated Press. October 2, 2002. Retrieved 2011-05-14. Agway Inc, announced plans Monday to file for Chapter 11 bankruptcy reorganization in an effort to keep its businesses operating while it tries ...
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