plains cotton cooperative association

Plains Cotton Cooperative Association’s (PCCA) vice president of marketing, Lonnie Winters, will assume the duties of interim president and chief executive officer on March 1.

PCCA has sold its Textile and Apparel Division to American Textile Holdings.

According to a press release, cotton marketing is the foundation of PCCA’s business, as they strive to ensure its members receive the highest possible price for their crops.

PCCA President and CEO Wally Darneille commented on the numbers, saying “All divisions were profitable despite the greatest volatility any market has ever experienced.”