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NEWARK, Del. -- At its recent meeting, the executive committee of the Produce Marketing Association, based here, said the trade group is flush with funds, thanks to bristling ranks of membership.
"We are in the strongest financial position in our history," said Janet Erickson, chair of PMA's board of directors and e.v.p., purchasing and quality assurance, Del Taco, Inc. "[In 2005] we again exceeded member recruitment goals, and we are poised for global expansion. Our 2006 member retention results are already ahead of expectations so we know that members see the value of PMA to their businesses."
PMA president Bryan Silbermann added, "Our positive financials are an indication that PMA has found the right formula in providing our members with year round business solutions. The industry can expect to see more of the same value in 2006."
The executive committee has approved a $500,000 donation to the newly-formed PMA Education Foundation, which will be used to fund initiatives including attracting new talent to the industry, helping industry professionals define their career path and ensuring that the industry has the information it needs to remain competitive.
"The creation of the PMA Education Foundation is an important milestone for the organization and our industry," said Erickson. "The Foundation will further strengthen PMA as a trusted, reliable, and recognized source for product information, education, and training for both fresh produce and floral."