Apples and other fruits are again being stored at the former B.C. Tree Fruits Co-op facility in Kelowna under the terms of an emergency lease. Klaudia Van Emmerik reports.But it’s not the co-op operating the site. A private company is in the process of buying the Sexsmith Road storage facility.
“This facility will take about 25 million pounds of apples,” Davison said. “So far, we’re about 60 per cent. The facility is about 60 per cent taken up.”While many former co-op members are thankful for the lifeline during apple harvest season, they’re disheartened that private companies are taking over their assets.
“Time is our biggest enemy right now, and so we’re doing everything in our power to partner with different organizations to put a proper proposal together, to revive the co-op, restructure it in a way that it will run more efficiently,” Lalli told Global News.Whether it’s successful or not, farmers are calling for an investigation into what went wrong and how the co-op board allowed the organization to accrue a debt of nearly $60 million.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TerraceStandard - 🏆 24. / 68 Read more »