Licking MFA closes



Photo by Leann Khan
The doors of Licking MFA, open for many decades, are scheduled to close at the end of July. MFA Inc. is closing on the sale of the exchange July 31 and will expect its Licking customers to travel to Salem or Houston MFA.

By Shari Harris,
Co-Publisher

Rumors of the closure of Licking MFA swirled about town late last week. Despite multiple calls and a few emails, little verifiable information was obtainable.
Amanda Cooper, Vice President, Corporate Services of MFA Inc., provided this statement:
“After much review and consideration, MFA Inc. has decided not to continue operations out of the Licking location after it closes on its asset purchase from Salem Cooperative Association, which is set for July 31, 2019. This decision was made primarily due to the close proximity of other MFA locations and the significant amount of capital required to improve the physical condition of the location. MFA will meet the needs of its patrons in the Licking area from its Houston and Salem locations and is working with these producers to make the transition as smooth as possible.”

Comments

Last Weeks Top Story