Burley Stabilization Corporation

Burley Stabilization Corporation was incorporated on July 16, 1953. The incorporation was to form a non-profit cooperative association, without capital stock, pursuant to the Agricultural Cooperatives Marketing Law of Tennessee and amendments thereto, to be operated for the mutual benefit of its members. The Association was formed for the purpose of handling the price support program for Burley Tobacco and providing support to burley growers within the State of Tennessee. In 1958, at the request of USDA-CCC, the area of operations was extended to cover the Burley markets in western North Carolina. In 1971 the area of operations was extended to cover burley markets in southwest Virginia.