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AGRELIANT GENETICS ANNOUNCES $18 MILLION INVESTMENT IN ITS ILLINOIS FOUNDATION SEED FACILITY
Nov. 2, 2022
Source: AgReliant news release
WESTFIELD, Indiana - AgReliant Genetics today announced it will invest $18 million in capital improvements at its Decatur, Illinois, foundation seed facility. Scheduled over the next three years, the improvements will expand capacity and add the latest technology and automation to better serve farmers across the U.S. and Canada.
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| Employees at the AgReliant Genetics seed production facility in Decatur, Illinois, celebrate a ceremonial groundbreaking for an $18 million expansion. Members of the AgReliant Genetics executive team, with shovels, are left to right: Vanessa Baughman, chief financial officer; Paul Nselel, president and CEO; Drew DuBois, vice president of operations; and Sarah Oznick, general counsel and corporate secretary. |
"These investments are part of our commitment to deliver one-of-a-kind, high performing corn hybrids to farmers through our AgriGold, LG Seeds and PRIDE Seeds brands," said Drew DuBois, AgReliant Genetics Vice President Operations and Supply Chain.
DuBois said the investments will include state-of-the-art seed drying and processing systems, warehouse and office expansion, and equipment optimization - all with a goal of producing parent seed with more efficiency and at higher volumes. Parent seed forms the genetic foundation for the company's unique product lines. New systems will optimize seed processing and add flexibility to supply farmers' needs.
AgReliant Genetics' significant investment reinforces the company's presence in the Decatur community, DuBois said. New technologies and automation will lead to skilled employment opportunities, and construction will utilize regional contractors and local labor.
"The operations and employees at our Decatur site are critical components of our company's future growth strategies," he said. "AgReliant Genetics is committed to growth, innovation and customer service, and we believe this is a benefit to the Decatur community, as well as farmers across the country."
About AgReliant Genetics:
AgReliant Genetics delivers one-of-a-kind, high-performing hybrids farmers can't get anywhere else. Regardless of the brand on the bag - AgriGold, LG Seeds or PRIDE Seeds - count on AgReliant Genetics for unique, diverse genetics with formidable yield and multiple trait options. Our seed-only focus opens new innovation for our brands and for our farmer customers, whether they grow corn, soybeans, sorghum or alfalfa. Learn more at AgReliantGenetics.com.
AgReliant Genetics and Design are registered trademarks of AgReliant Genetics, LLC and its related companies.
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