Co-op News September 17, 2019

//Co-op News September 17, 2019

Co-op News September 17, 2019

Cheese Co-op Closing after 134 years

The Pine River Cheese and Butter Co-operative in Kincardine, Ontario is closing its doors after 134 years. 25 employees are out of work.

 

The board of the farmer-owned co-operative made the decision Friday to cease operations. Production is slated to end later this month and sales expected to wrap up by the end of the year. 

 

Co-operative CEO Ulrike Prehn said on Monday, that the co-op made the decision due to loss of market share and rising product costs. Low product margins and hampered their ability to remain competitive. “After 134 years a tough decision had to be made.” 

 

Pine River Cheese was established in 1885. 

 

https://www.owensoundsuntimes.com/news/local-news/pine-river-cheese-closing-after-134-years#click=https://t.co/CJqlL52Eed

 

U.S. Credit Unions Make Diversity 8th Co-op Principle

 

In February, which is commemorated as Black History Month, Credit Union National Association (Cuna) called on US credit unions to include diversity and inclusion as a co-operative principle. 

 

CUNA President and CEO, Jim Nussle said “Diversity, equity and inclusion are a part of what credit unions do each and every day. Our co-operative principles have guided us to fulfil our mandate and be a resource to all consumers – no matter their income, race, religion. But we’re committed to doing more,” said Cuna president and CEO Jim Nussle. 

 

The Credit Union National Association (Cuna) voted in favour of a resolution to establish diversity, equity and inclusion as the 8th co-operative principle of credit unions across the country. 

 

The co-operative principles date back to 1844 when they were set out by the Rochdale Pioneers. In 1937 they were adopted by the International Co-operative Alliance, which updated them in 1966 and 1995.

 

https://www.thenews.coop/142498/sector/credit-unions/us-credit-unions-to-include-diversity-as-the-eighth-co-operative-principle/

 

https://www.thenews.coop/142321/sector/regional-organisations/ed-mayo-nominated-for-nobel-prize-alternative-award/

 

By |2019-09-22T09:26:26-08:00September 22nd, 2019|News|0 Comments

About the Author:

I love radio and pursue stories about people and communities working together to solve challenges creatively and often, with a lot of heart. It's the human side of the co-op model that intrigues me. That and any chance to travel, especially to smaller locales, where folks seem to know that co-operating just makes good sense!

Leave A Comment