Rocky Mountain Supply is a locally owned co-operative created on November 1, 1999 by the consolidation of the assets of two smaller co-operatives: Co-Op Supply (based in Dillon, MT) and Gallatin Farmers Company (based in Belgrade, MT with stores in Ennis and Townsend, MT). Previous to the consolidation, both Co-Op Supply and Gallatin Farmers Company were providing services to people in the respective areas of operation since they were created over 60 years ago. Initially created to meet the needs of farmers and ranchers, both companies grew into multi-million dollar operations and now, as Rocky Mountain Supply, has over 15,000 share holders in a 10-county service area. About half of the shareholders are farmers and ranchers while the other half are primarily citizens of the communities served by the stores.
Agronomy Division Manager
Petroleum Division Manager
Retail Division Manager
Chairman - Bozeman
Vice Chairman - Belgrade
Secretary - Jackson
Robert Marx - Bozeman
Lindsey Seidensticker - Twin Bridges
Shirley Wilson - Townsend
Ryan Gaasch - Dillon
What is a Co-operative?
A co-operative is defined as a user (patron) owned, democratically controlled (depending on how a co-op is organized, members may or may not have voting privileges) business in which benefits (often referred to as patronage and most often received in the form of lower prices, shares of stock, and/or cash refunds on purchases over a set time, etc.) are received in direct proportion to member participation (the more the member participates the better the return is that the member receives). Co-operatives are user-owned, tax paying business which are very capable of competing with privately-owned businesses providing similar services. The philosophy behind co-operatives is to supply something that is needed by someone--services, products, etc.
The first co-operative in America was founded in 1752 in Philadelphia. It was a company which insured buildings and property against loss by fire. The first consumer use co-operative was organized in Rochdale, England in 1844.
Although people may not realize it, there are many well-known business which are actually co-operatives. A major locally known co-operative (besides Rocky Mountain Supply) is Vigilante Electric Co-operative. Some major nationally known organizations which are actually co-operatives include the Associated Press news service, Sunkist and Ocean Spray.
Rocky Mountain Supply Announces 2017
Four college student are recipients of $1,000.00 scholarships
in the inaugural year of the Rocky Mountain Supply, Inc. Scholarship
Program. The recipients and their
families were honored and presented their scholarships at the inaugural Rocky
Mountain Supply Scholarship luncheon on January 6, 2017 in Manhattan, MT. Applicants for the Rocky Mountain Supply
Scholarships much be a junior in standing and attending an accredited four-year
college or university in the United States.
They must have also maintained a cumulative minimum Grade Point Average
of 3.0 on a 4.0 scale. The applicant’s
parents, guardians or applicants themselves must be active members of Rocky
Mountain Supply. Applicants intending to
pursue a career in an agricultural-related field are preferred. Four-$1,000 scholarships are planned to be
presented to qualified candidates each year.
Regan Wubben – Attends the University
of Montana Western majoring in Business Administration and minoring in Small
Business Management. Regan’s parents are
Greg and Jamie Wubben of Manhattan, MT.
Barry Francis – Attends Montana State
University Northern majoring in Agricultural Operations Technology and Diesel
Tech Equipment Management. Barry’s
parents are Scott and Ginny Francis of Manhattan, MT.
Bailey Escott – Attends the University
of Great Falls majoring in Accounting and minoring in Business
Administration. Bailey’s parents are
Shane and Dana Escott of Twin Bridges, MT.
Kasee Clark – Attends Montana State
University Northern and majors in Agriculture Operations Technology and minors
in Business Technology. Kasee’s parents
are Aaron and Debbie Clark of Townsend, MT.
Mountain Supply is committed to supporting today’s youth that have an interest
in pursuing a career in agriculture, which will help support the small
communities like those which Rocky Mountain Supply serves” says Chuck Kohlbeck,
Board Chairman for Rocky Mountain Supply.
Kohlbeck went on to say “We had many very qualified applicants, but this
group stood out among the rest.”