
Martin Arter - President
Stability is one of our key strengths. We base that stability on our Zero Debt, Customer Base and Retail Commitments as described below. Very few wholesale distributors can make this statement. The long-term stability of a wholesaler is a critical component to a Member Retailer’s long-term success.
Zero Based Subsidy
Affiliated Foods Midwest Cooperative has clearly defined that each component of our business must support itself. Affiliated Foods Midwest Cooperative does not subsidize freight, fees or any other component of independent Member Retailer operations. In summary, a Member Retailer does not subsidize another Member.
Debt Structure
Affiliated Foods Midwest Cooperative has Zero Long Term Debt. Physical Assets and Inventory are "owned" free and clear. This enables Affiliated Foods Midwest Cooperative to apply earnings towards patronage rebates rather than lease and interest obligations. |