Jeff Brown, CEO of Sandhills Utility Services, presented Lumbee River EMC with a check for over $2,700,000 in profits for its share in the ownership of the company. Rory Eddings, Chairman of the LREMC Board of Directors, accepted the check on behalf of cooperative members.
This partnership with South River EMC, Central EMC, and Pee Dee EMC was established in 2002 to seek the ownership and operational responsibilities for the distribution system on Ft. Bragg. Since this partnership began, LREMC has received over $33,700,000 in profits.