Town and Country Supply Association is a cooperative that is owned by the members that it serves. It was formed in 1997 by the merger of two previous cooperatives, Laurel Co-op Association and Co-op Service Center. In 2009, Farmers Union Association also merged into Town and Country Supply. These cooperatives had served the farmers in their respective areas since the 1930’s and 1940’s. Town and Country Supply has grown from $8.86 million in sales in its first year to $115.26 million in sales in 2014. As a cooperative, when Town and Country Supply is profitable, the patrons are eligible to receive dividends back based on their purchases. These dividends are paid back each year in the form of 30% cash dividends and 70% stock to be retired at a later date. Patrons are eligible to request the retirement of their stock when they reach age 67.
