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Economic Development is . . . (increasing the flow) of capital through the community and reducing its leakage.

2011 EDIES Story 4 of 24: How Three Coops Became an Ally to Compete in a Regional Market

In 2011 Tama-Benton Coop, Linn Coop Oil Company, and East Central Iowa Coop came together to form a limited liability partnership to act on a market opportunity they spotted to sell seed corn and seed beans inside a trade territory covering five counties.  Mel Campbell explains how this new corporation came about, which will be headquartered in Dysart, Iowa.  Remind me – what are the EDIES.

How we did it:
The three cooperatives involved created Ally Seed LLC, a joint venture to do a better job of promoting the Croplan seed line.  This was something not anyone of us would or could do.

How we got the idea:
Representatives from Croplan Genetics proposed the initial plan to the three coop managers.

Our greatest challenge:
Entering into an established and competitive market.

How we overcame it:
By hiring a service minded employee who has firsthand experience with the products we offer.

Advice to others:
Support rural America with continued investment in both the economy and people.

What is next:
As the business grows, our plans are to add other services that support it.  Things like seed treating and crop scouting are being explored as possibilities.

For more information to go Tama Benton Coop’s webpage.

Photo by Randy Aiken [Justin Clark]

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