NASCO-OP declares 2020 Dividend

(New Philadelphia, OH) February 5, 2021 – National Association Supply Cooperative (NASCO-OP) has declared a 0.9% patronage dividend for 2020, reports Manager Bob Bedard. The dividend, calculated on the purchases a member or associate made at the cooperative, further reduces the purchase price of supplies and equipment.

“Coronavirus presented every one of us with immense challenges, but our pragmatic management approach adapted to the changing environment so that we were able to respond to the crisis and even post a modest dividend.”

“In today’s increasingly competitive marketplace, the need for NASCO-OP is greater now than ever before”, says Bedard. “Cooperatives give members and users of all sizes the purchasing clout of an entire industry while still maintaining their independence. The success of the organization is power through cooperation. Just consider the negotiating leverage when members pool their purchases of one item, say conveyor belts, through NASCO-OP. With the united needs of that size of a group, NASCO-OP members are in the position to accept only the best value from belt manufacturers.

” NASCO-OP is the recycling industry’s purchasing co-operative and is available at no additional cost to members of ISRI, CARI, ARA and NDA. For more information on NASCOOP, contact them at 800-321-3396 or visit their web site at www.nascoop.com