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Agrimarketing : November December 2007
continued from page 11 12 AgriMarketing November/December 2007 ton, AB, for approximately $24 mil- lion in cash, together with a perfor- mance-based earn out. Kane is a leading distributor of animal health products in Canada, with over $45 million in revenue for its fiscal year end July 31, 2007. Paul Vaculin is named Mktg Mgr for granular insecticides and closed delivery systems at AMVAC Chemical Corp. His portfolio includes Fortress 2.5G and 5G, Thimet, Counter, Aztec 4.67G SmartBox, Force 3G SmartBox and Lorsban 15G SmartBox, as well as the company's closed-delivery systems. Prior to joining AMVAC in 2000, Vaculin worked for American Cyanamid Co. Vsurance, Inc., Santa Anna, CA, a leading provider of pet health insur- ance, acquires Animal-ID, an Arkansas-based company that pro- vides livestock producers, feedlot owners, and others with inventory control, tracking, and management tools. Animal-ID enables ranchers to track growth rates, feeding patterns, and health statistics for each animal in a herd of livestock. Illinois Crop Improvement Associa- tion (ICIA) and ZEA Global Seeds sign an agreement establishing a new alliance entitled Global Seed Solutions (GSS), operated by staff from both companies. The venture will offer seed com- panies to utilize its multiple loca- tions in South and North America's temperate, tropical and subtropical winter locations, aimed to speed up time to market for corn, sorghum, soybean and sunflower seed. ICIA owns facilities in Illinois and since 1986 has operated a winter farm in Puerto Rico. ZEA Global operates two winter farms in Argentina. Buhler Industries announces that Combine Factory Rostselmash Ltd., Rostov-on-Don, Russia, has acquired 80% of its common shares. Rostsel- mash produces over 17% of the total world production of agricultural combines. For more information, visit www.rostselmash.com. The Appendix A list of chemicals is released by the Department of Homeland Security (DHS). Compa- nies that store the chemicals in the quantities listed in Appendix A must register with DHS. Prominent ag products on the list include anhydrous ammonia, ammo- nium nitrate, acrolein, acetylene, difluroethane, ethane, ethylene, eth- ylene oxide, formaldehyde, hydro- gen chloride, isobutane, isopentane, isopropylamine, propane and trini- trophenol. To view the complete list, go to: http://www.ifca.com/documents/ chemical%20security%20app%20a% 20list%20of%20chemicals% 20%20nov%202%20-%20kb.pdf. AM Alltech, Lexington, KY, receives approval from the Kentucky Economic Development Finance Authority (KEDFA) for financial incen- tives for its rural commu- nity biorefin- ery project, the first such model in North America that integrates feed, food and fuel production. The incentive is the first of its kind to be awarded by the Commonwealth. The incentive will total $8 million and will be based on a sales tax refund for building and equipment costs, a state income tax wage reduction for new employment and a credit against state income taxes. In addition to the above funding and incentive plans, there is also a Department of Energy (DOE) grant application pending to further enable development in this exciting area which is expected to be announced in February 2008. Thereafter the project will get under way. As part of the DOE proposal, Alltech's rural community biorefinery will be the first in the U.S. to utilize cellulose, such as switch grass, corn cobs and corn stover, at levels up to 30% of its raw material for conversion to ethanol and other value-added products. The facility, estimated to cost approximately $40 million, will be located in Springfield, KY, and is expected to employ 93 people when operating at full capacity. Vaculin IN MEMORIAM Michael Elliott, 83, who developed the first synthetic pyrethroid and was instrumental in revolutionizing modern insecticides. In the 1940s Elliott recognized that the pyrethrins, chemical compounds which occur naturally in chrysanthemum flowers, had important insectici- dal qualities, although they lacked potency and stability and were not spe- cific in the insects they killed. While working at the Rothamsted Experimental Station at Harpenden, Hertfordshire, he embarked on a program to develop synthetic analogues of the naturally occurring compounds and developed two, resmethrin (1962) and bioresmethrin (1967) which were more potent than their natural equivalents and targeted specific insect species, while being harmless to mammals and birds. (L to R) Nathan Hohman, Vice President of Finance, Alltech; Dr. Talina Mathews, Executive Director, Governor's Office of Energy Policy; Robbie Rudolph, Secretary, Governor's Executive Cabinet; Dr. Pearse Lyons, President and Founder, Alltech; John Hindman, Secretary, Economic Development Cabinet.
2008 Marketing Services Guide