Farmers Union Oil Company was incorporated. The Board of Directors consisted of W.E. Bengston, Roy J. Sharp, John Chritt, S. Rebor, Joseph Iverson, Emil M. Larson, John G. Cech, H.E. Jeppesen, Coleman Hearnen. The first manager was Hans Nelson.
The bulk petroluem department was established with the purchase of property for a bulk oil station and three 17,000-gallon vertical storage tanks. The office began when a typewriter, adding machine/cash register combo, safe, desk and chair, clock and mimeograph was purchase for $230. The decision was made to build a service station 10×24 feet in dimension, with a canopy over the pumps and a full basement. It was built of clay tile and cement blocks, with electrical wiring and painting for $1,432. The company started buying eggs and poultry from local producers and sold flour and feed.
Gasoline sold at the service station was 16.5 cents per gallon. Motor oil and tractor oil sold for 60 cents per gallon. The first patronage dividend of $3,300 was declared. Directors were compensated $2 per meeting. The co-op started selling coal and apples and buying cream. Flour was sold for 90 cents for a 50-pound bag.
Tractors, cultivators, plows and drags were offered for sale.
Charles Livermore was hired as a manager.
The Honorable Hubert H.Humphrey gave a very interesting talk at the annual meeting.
The decision was made for the co-op to go into the bulk fertilizer business and a used fertilizer bug was purchased, along with a nurse tank for liquid nitrogen for the fall.
A truck previously used for the egg route was converted to a tire service truck. Plans are being made for a fertilizer plant expansion and to install a fertilizer mixer.
New service station/hardware store built on north highway 75 in Canby. Introduced Cardtrol (card activated gas/fuel pumps).
Acquired Universal Propane
1991 – MGT
Minneota C-Store built
1992 – FCA
Canby C-Store Remodeled
1994 – MGT
Acquired Thermogas Propane
1995 – FCA
Built 2,200 ton fertilizer plant and agronomy office building
1998 – FCA
Chemical Warehouse was built
1998 – MGT
Built the Ghent C-Store
1999 – FCA
150 ton Doyle Tower System installed
2001 – FCA/MGT
MGT Cooperative Oil Company and FCA Farmers Cooperative Association merged together as one company under FCA
Acquired the former Sterzinger Implement building for an Ag Shop and Seed Warehouse
Built an additional 7,200 ton Fertilizer Storage building
Built a Crop Protection warehouse and Liquid Fertilizer plant