UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): November 8, 1999
PRO-FAC COOPERATIVE, Inc.
(Exact Name of Registrant as Specified in Charter)
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New York 0-20539 16-6036816
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(State or other jurisdiction of incorporation) (Commission File Number)(IRS Employer Identification Number)
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90 Linden Oaks, Rochester, New York 14625
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number Including Area Code: (716) 383-1850
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Item 5. Other Events
Sale of Midwest Private Label Canned Vegetable Business to Seneca Foods
On November 8, 1999, Agrilink Foods, a wholly-owned subsidiary of Pro-Fac
Cooperative (Nasdaq:PFACP) and Seneca Foods Corporation (Nasdaq:SENEA and SENEB)
completed the sale of Agrilink's Midwest private label canned vegetable business
to Seneca Foods. Included in this transaction is Agrilink's Arlington, Minnesota
facility. Agrilink will retain its Fond du Lac, Green Bay and Hortonville,
Wisconsin facilities. This transaction does not include Agrilink's retail
branded canned vegetables, Veg-All and Freshlike.
Seneca Foods Corporation is primarily a vegetable processing company with
manufacturing facilities located throughout the United States. Its products are
sold under the Libby's(TM), Aunt Nellie's Farm Kitchen(TM), and Seneca(TM)
labels as well as through the private label and industrial markets. In addition,
under an alliance with The Pillsbury Company, Seneca produces canned and frozen
vegetables which are sold by Pillsbury under the Green Giant label.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PRO-FAC COOPERATIVE, INC.
Dated: November 24, 1999 By: /s/ Earl L. Powers
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Earl L. Powers,
VICE PRESIDENT FINANCE AND
ASSISTANT TREASURER
(Principal Financial Officer and
Principal Accounting Officer)