A2HMCMHT F<onjpfl. Sattidiy, -Pecambw tQ,I9W Agway Takes Fresh Start Approach At 30th Animal Meetin ses woe $3.3 million because of discontinued food processing investments. The sale of Curtice Bums Foods, Inc. has now been completed and the sale of HP. Hood Inc. is in the wings. “This transition enables Agway to go forward,” Cardarelli said. While the company had hoped for larger sales overall last year, and fell short of their goals, they did achieve considerable success in the Energy Group (power fuels and heating oil), and The Financial Services Group, which includes Agway Insurance and Telemark Inc. (finances leases for buildings, equipment, and vehicles). Tele mark was up 19 percent in profits. Retail stores include 29 stores, 23 nurseries, and 364 dealers. During the past two years, Agway has restructured many areas to improve customer rela tionships and to make the company more profitable. LOU ANN GOOD Lancaster Farming Staff HERSHEY (Dauphin Co.) For 30 years Agway has prided itself as being a farmer-owned cooperative based on sound busi ness principles. But executive vice president and chief operating officer Donald Cardarelli doesn’t want the organi zation to rest on those laurels. When Cardarelli addressed members attending the annual meeting held at Hershey on Thurs day, he urged them to take a “fresh start” approach and look at Agway’s direction as being the first of the next 30 years. In an honest, down-to-earth style, Cardarelli said that he is proud of Agway’s accomplish ments and performances in many areas, but recognizes that some areas have not been satisfactory. Although sales remained at last year’s level 0f51.7 billion, net los- Don Cardarelli, executive vice president and chief operat ing officer, during Agway’s 30th annual meeting held at Her shey Convention Center. Pi. ROHRER & BRO., INC. Smoketown, PA AgriPro* Is a Registered Trademark of AGRIPRO SEEDS, INC., P. O. Box 2962, Mission KS 66201 LDER test weight md mce in this ige Trials in PH. 717-299-2571 This panel answers questions during the open fOrum. From left are Stephen Bur nett, Peter O’Neill, Ralph Heffner, Charles Broslus, Robert Fischer Jr., Donal Schalk, and John Norris. Some of these changes gener ated increased costs, which contri buted to the shortfall in earnings in the agriculture and consumer retail businesses. Cardarelli stressed that the customer-driven philosophy con tinues to be central to Agway, which is to satisfy customers and improve financial performance. He emphasized the importance of honesty and integrity while being open to change. “Profitability is the key to survi val,” he said of the need to make changes in areas that are not viable. Ralph Heffner, board chairman, reminded members that Agway, which was formed in 1964, is first and foremost a farmer-owned and rom Monday December 5 Thru Friday December 23 Discount only applies to sales paid at time of purchase at the store All prices quoted in this ad are net after the discount! Dairy Supplies CIP Cleaner 5 gal $19.88 CIP Cleaner 15 gal $52.00 CIP Acid 5 gal $19.88 ClPacid 15 gal $53.80 Dairy Towels 4000 pk $12.00 Calcium 500 cc $1.85 Dextrose 500 cc $1.40 VETS PLUS Products • MONARCH Dairy Cleaners • Garden Seeds • Lawn & Garden Supplies * RUFF TUFF Silo Liners • IMPRO Products Mart > AARON GROFF & SON * M flrflSu Farm & Home Store 103 Clearview Dr. Ephrata, PA. 17522 (717) 354-4631 directed organization. Heffner spoke of the board’s commitment in working closely with manage ment to improve financial strength and operating results, especially in the billing process. Young farmer guest speaker at Hershey was Michael Walker, who with his wife Shelly, operates a 70-cow dairy farm in Meyers dale. A panel presentation on “Pre cision Crop and Feed Management on the Farm” included Don Schalk, Chris Canale, and Dave Pieczarka. About 600 members and guests attended the Hershey meeting, which was one of three regional meetings with the same agenda held for members. Another region al meeting was held at Syracuse on mi 4 20% to 40% off EVERYTHING IN STOCK JgHfe While supplies last rSs. Cattle Supplies Spectam Injectable 500 cc $32.10 Garasol Injectable 80cc $35.60 Sustain 111 Bolus 50’s $51.45 Tramisol Crumbles 251 b $62.30 S-700 Crumbles 501 b $22.75 Terramycin Crumbles 501 b $ 11.05 Miscellaneous Farm Supplies Tom Cat Rat Bait 41b Scoop Shovel 14- 30.36,40 Silage Fork 10 tine Kowalk Kart Limer Nov. 30 and another in Massa chusetts on Dec. S. Agway policies are determined by an 18-member board of direc tors nominated and elected by Agway members. Newly nominated directors Gary Van Slyke, Pike, N.Y., and Edwin Whitehead, Washington Depot, Conn., join re-elected directors Vyron Chapman, Cassville, N.Y.; Ralph Heffner, Pine Grove; Christian Wolff Jr., Bloomsburg; and Frederick Hough, Augusta, NJ. Store Hours Mon Thurs Fri 8:00-8:00 Tues & Weds 8:00-5:00 Sat Closed ,v fc $B.BO $34.25 $48.25 $78.50 4m* *
Significant historical Pennsylvania newspapers