Agrico Canada forms another jv

Lindsay, Ont.-Agrico Canada Limited/Limitee reports that it formed a new joint venture partnership on March 1, this time at the Agrico Lindsay Farm Centre in Lindsay, Ont. Lindsay Manager Matt Pecoskie has purchased a 50 percent stake in the business. The new company, now known as Kawartha Lakes Agri Services Ltd., is a 50-50 jv with Agrico and will remain at its present location. “This move continues this company’s goal of creating joint venture partnerships with all our company-owned retail centres,” said Agrico President R.L. “Bob” Whitelaw. “For over 10 years Matt Pecoskie has proven himself to be a capable manager with a commitment to customer service and leading edge technology, and he has earned the opportunity to have a stake in the business.” Pecoskie holds a degree in agriculture from the University at Guelph. The new Kawartha Lakes Agri Services includes two branches – the main location in Lindsay, and a satellite operation in Fenelon Falls. The latter includes a full agricultural supply store that also sells locally produced food. “Our experience is that locally owned agricultural retail outlets are more successful than company-owned entities because they prove to be more in tune with local needs,” said Whitelaw. “Agrico will continue to support the Lindsay operation with agronomic and financial services.”