The Rocky Mountain Farmers Union (RMFU) board of directors voted to triple their stock investment in Mountain View Harvest Cooperative (MVH). The move supports a preferred stock offering being made by the cooperative. “We are impressed with Mountain View’s achievements,” said RMFU President Kent Peppler, “and optimistic about their future.”
The Rocky Mountain Farmers Union Cooperative Development Center helped Colorado wheat producers organize the cooperative more than ten years ago. Since the initial purchase of Gerards Bakery in 1997, the cooperative has shown growth almost every year. MVH has increased production at the original bakery in Longmont, Colo., and added two additional plants, in Livermore, Calif., and Mount Airy, N.C.
Peppler, himself a Mead, Colo., farmer, said, “Mountain View is a farmer-owned co-op that provides a market for Colorado-grown wheat and local job opportunities. RMFU is proud to extend our support for the cooperative as they retool for a changing marketplace. Mountain View is what the cooperative movement of producers and consumers is all about.”