Community interest has been strong from the get-go, but this past Thursday night's public presentation drew a great sampling of local farmers. The Steering Committee has been working hard the past few weeks to clear up confusion and gain the support of the local producers with this initiative.
Jeff Voltz and Jake Fowler, Project Managers at Northwest Agriculture Business Center, presented findings and recommendations from the Steering Committee's past couple of months of meetings. Evaluation of financials as well as forecasts were presented, along with the original details of the listing from the Keizer's.
During discussion of the organizational structure, the recommended share price of $2500 seemed well received, as did the Steering Committee's recommendations for a maximum purchase of 8 shares ($20,000), one vote per share, and a board breakdown consisting of 7 producers, 2 community members and 2 advisors (non-voting).
A summary of the presentation will be distributed to all individuals on our mailing list. If you would like to receive this, please email your info and request to chandra@scknaus.com.
Over the next few weeks the Steering Committee will finalize the details of the investment opportunity, have the details reviewed by a CPA and Lawyer. Following that, anyone on our mailing list will receive the complete investor opportunity document for review. If you would like to receive this, please ensure you send your name, email, phone and address to chandra@scknaus.com.
Saturday, September 18, 2010
Wednesday, September 15, 2010
We hope to see you at tomorrow's presentation!
We need your input and support to help keep Whatcom meat in Whatcom County. We hope to see you at the Lynden Library tomorrow (Thurs.) night at 7pm.
Please Note:
This presentation is not affiliated with the original presentation made in June by the Keizer's, their realtor and lawyer. The Steering Committee, making tomorrow's presentation, came together after and independently to conduct an impartial evaluation of the opportunity and value of the business.
Busy tomorrow night?
Many have expressed their inability to attend tomorrow night. We will be sending out a printed copy of the presentation and investment opportunity to all interested individuals. If you are not already on our mailing list, please email your info to chandra@scknaus.com.
Please Note:
This presentation is not affiliated with the original presentation made in June by the Keizer's, their realtor and lawyer. The Steering Committee, making tomorrow's presentation, came together after and independently to conduct an impartial evaluation of the opportunity and value of the business.
Busy tomorrow night?
Many have expressed their inability to attend tomorrow night. We will be sending out a printed copy of the presentation and investment opportunity to all interested individuals. If you are not already on our mailing list, please email your info to chandra@scknaus.com.
Friday, September 3, 2010
Public Meeting Annoucement
You Can Help Keep Local Meat in Whatcom County
In June 2010 George and Sherry Keizer, owners and operators of Keizer Meats, expressed their interest in selling. As the only USDA inspected meat processing facility in Whatcom County local producers and the community immediately came together to ensure our local USDA meat supply would be maintained. Without a USDA inspected facility, farmers cannot process their meat for resale.
Why Should I Help?
As a farmer, you will ensure your meat can be processed locally, ensure processing time lines become more efficient, and can generate more income with the added value of USDA inspected product.
As a community member or business you will be helping support local farmers, local economy and will be able to enjoy local meat from your local grocer, restaurant and school.
How Can I Help?
You can attend the upcoming presentation and decide for yourself if you’d like to support this initiative. Since June a committee of interested farmers and community members, combined with the Northwest Agriculture Business Center, have been working together to analyze the opportunity and to solidify a counter offer and plan to purchase Keizer Meats. Our evaluation of the business purchase opportunity and recommendation, as well as a business plan, financial projections, and suggested organizational structure will be publicly presented.
In June 2010 George and Sherry Keizer, owners and operators of Keizer Meats, expressed their interest in selling. As the only USDA inspected meat processing facility in Whatcom County local producers and the community immediately came together to ensure our local USDA meat supply would be maintained. Without a USDA inspected facility, farmers cannot process their meat for resale.
Why Should I Help?
As a farmer, you will ensure your meat can be processed locally, ensure processing time lines become more efficient, and can generate more income with the added value of USDA inspected product.
As a community member or business you will be helping support local farmers, local economy and will be able to enjoy local meat from your local grocer, restaurant and school.
How Can I Help?
You can attend the upcoming presentation and decide for yourself if you’d like to support this initiative. Since June a committee of interested farmers and community members, combined with the Northwest Agriculture Business Center, have been working together to analyze the opportunity and to solidify a counter offer and plan to purchase Keizer Meats. Our evaluation of the business purchase opportunity and recommendation, as well as a business plan, financial projections, and suggested organizational structure will be publicly presented.
What is the Investment?
The current draft of the business plan calls for an individual share price of $2,500 with the sale of at least 100 shares required to support the capitalization of the acquisition and new business start-up. All details of the opportunity will be provided to interested investors.
Public Presentation
Thursday, Sept. 16, 2010
Lynden Public Library
216 4th Street, Lynden, WA
7pm-9pm
You can help keep Whatcom meat in Whatcom county. Come find out more.
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