Editor’s note: In my report of the Producer’s Grain meeting on Tuesday, Jan. 29, I did not catch the figures on MFA Inc. financial stability in response to a patron question. Tuesday I spoke with MFA Inc. Chief Financial Officer Ernie Versleus. Here’s what he reported.)
MFA Inc. has working capital totaling $195 million.
The net worth of MFA Inc. is $148 million.
The takeover will take place on Friday, Feb. 15.