Once again this year, the GROWMARK cooperative system is among the nation’s top ten co-ops.
The GROWMARK System of cooperatives, headquartered in Bloomington, Ill., was ranked seventh on the NCB Co-op 100 listing of the nation’s 100 highest revenue-earning cooperative businesses. GROWMARK was ranked sixth on the 2010 list.
“The boom of cooperative organizations and the key role they play in both our national and global economy, is clearly evidenced in the growth and expansion highlighted in this year’s report,” said Charles E. Snyder, President and CEO of NCB. “As a cooperative business ourselves, we are proud to support these efforts and participate in the United Nations General Assembly declaration of 2012 as the International Year of the Cooperative, to educate the public on the benefits of cooperatives. Our report is just one of the many ways we work to inform the public on the advantages of cooperatives in all fields of enterprise.”
The NCB Co-op 100 debuted in 1991 and is the only yearly report of its kind to track cooperative revenues in the United States. Cooperatives in this year’s top 100 account for a combined revenue of more than $193 billion in 2010.