Newpact Aims to Preserve Co operative Implements Network
Seven party agreement announced by Charles Mayer and Jay Cowan aims to keep Canadian Co operative Implements active in the prairie provinces. Vicon Inc. will manage C I for one year starting Nov 1 1985 and provide discounts while purchasing part of the C I inventory. The plan maintains 36 depots, preserves a $12 million operating line, and forgives $7 million provincial loans and $8.4 million federal recovery over four years.
MENTIONED IN THIS ARTICLE
Winnipeg
Prairie Provinces
Charles Mayer
Canadian Wheat Board
Jay Cowan
Manitoba
Government of Canada
Saskatchewan
Alberta
Canadian Co-operative Credit Society
Vicon Inc
C.I
Canada
Vicon
C.C
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