Federated Co-operatives Limited has placed first again in SaskBusiness magazine’s list of the top 100 largest companies in Saskatchewan.
It’s the fourth year in a row.
Last year, FCL has revenue of 9.1 billion dollars and net earnings of 539 million dollars.
A total of 375 million dollars was returned to 200 local retail Co-ops across Western Canada, which are member owners of FCL.
CEO Scott Banda says FCL is joined by 19 retail co-ops on the top 100 list.
Retail Co-ops in Saskatchewan had combined sales of 2.3 billion dollars last year.
Among investments by FCL this year, a 200 million dollar project to clean and recycle wastewater at the Co-op Refinery complex.
As well, FCL is spending 75 million dollars to construct two new fertilizer terminals, including sites in Hanley, Saskatchewan and Brandon, Manitoba.
Regina’s Sherwood Co-op is the fourth largest single Co-op in the province, behind Saskatoon, Swift Current and Prince Albert.
After Regina is Lloydminster, then North Battleford.
Yorkton is 7th, Moose Jaw 8th, Melville 9th and Weyburn holds tenth spot.