12/15/22: Area Happenings & Accomplishments
December 15, 2022
AgState reports good results in first year
AgState held its annual meeting in-person on Tuesday, Dec. 6 and reported positive numbers.
AgState CEO Troy Upah and Board President Chuck Specketer, along with CFO Bob Dobson, presented the annual report. The company showed sales of $1.5 billion and a net savings of $21.5 million. $7.5 million of the 2022 profits were allocated to 4,500 members. The cash distributed to the membership at the annual meeting was $5.9 million including a revolvement of deferred patronage.
"AgState had a good year and the two cooperative...