“FCX Inc., then known as Farmers Cooperative Exchange, opened its first outlet in Burlington in 1934. Seven more stores quickly followed… during the Great Depression.
“In the 50 years since then FCX has grown into an operation with 95 centers and gross sales of about $500 million a year. In 1984, it ranks as the No. 1 farm supplier in North and South Carolina.”
Alas, by this time the declining farm economy had already pushed FCX to the brink of bankruptcy, and in 1986 it accepted a buyout offer from Richmond-based Southern States Cooperative.