BREWSTER — The 2020 annual meeting of New Vision Co-op was conducted Dec. 14 via Zoom. Copies of the 2020 annual report are available upon request.
“In 2020, we focused on building our balance sheet and re-investing in the company by spending nearly $12 million on fixed assets and new improvements to our current facilities, stated Matt Ashton, CEO. He announced that New Vision returned $2.3 million in equity and patronage as well as $3.4 million in Section 199a tax relief to members.
While discussing the equity and tax relief, Ashton said, “this exemplifies our commitment to getting money back to our members and ongoing commitment to being partners in the operations of our producers.”
New Vision Co-op is a member-owned company with 19 locations throughout southwest Minnesota.