Abstract:
FCX, Inc., then known as Farmers Cooperative Exchange, opened its first outlet in Burlington in 1934. Seven more stores quickly followed. FXC stores opened during the Great Depression. Such deprivation and suffering had not been see in North Carolina since the end of the Civil War. FCX began as a self-help program for farmers. In the fifty years since then FCX has grown into an operation with ninety-five centers and gross sales of about $500 million a year. In 1984, it ranks as the Number One farm supplier in North and South Carolina.