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All West/Select Sires Announces
Record Patronage Payout
March 26, 2002
- In the truest sense of a successful cooperative, All West/Select Sires announces the distribution of patronage for 2001 business profits. On Spetember 15, 2002, All West Co-op members will receive their share of the $615,000 in cash being returned in the form of patronage checks. This cash disbursement amounts to 50% of the 2001 profits - the remaining 50% are scheduled to be sent to qualifying members on a five-year rotation. That makes total patronage returned to members based on their 2001 purchases $1,230,000 returned. This is the largest patronage distribution in the 60 year history of the cooperative.
The total patronage returned for 2001 amounts to 12 1/2 cents on the dollar returned to member owners of the cooperative. In other words, for every dollar spent on semen with All West in 2001, 12 1/2% will be returned to the farmer who purchased the semen through the cooperative. The more business they did, the bigger their patronage checks will be. If the producer purchased $1000 worth of semen from All West in 2001, he will get $125 back. Since 1990 well over 10 million dollars in patronage has been returned to coop members at an average of 12% return. Operating in an extremely efficient manner, the Burlington, Washington Co-op has been able to return sizable patronage dividends year after year.
All West/Select Sires began business in 1941 as Skagit County Artificial Breeders and has served customers from Burlington, Washington for the past 60 years and just this past November moved into a brand new facility. The mission of the Co-op remains the same today as it was then; To provide the livestock industry with superior genetics, products and services through a cooperative association.
To see how you too can share in the profits of the most successful A.I. cooperative in the West, call toll-free 1-800-426-2697. If your semen supplier is not allowing you to share in the profits, call All West/Select Sires today.
All West/Select Sires
Headquarters - P.O. Box 507 - Burlington, WA 98233
1-800-426-2697 - 360-757-6093 - Fax: 360-757-7808
California Office - P.O. Box 1803 - Turlock, CA 95381
1-800-278-8254 - 209-667-8378 - Fax: 209-667-8379
Email:
allwest@nwlink.com
Website:
www.allwestselectsires.com
Copyright 1996-2002 Select Sires Inc. Last updated 9-Apr-2002.
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To order product contact:
Select Sires Inc., 11740 U.S. 42 North, Plain City, Ohio 43064 / Phone: (614) 873-4683 Fax: (614) 873-5751
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