American Vanguard Corporation (NYSE:AVD) is celebrating 50 years in the business of providing innovative, comprehensive and effective solutions to enhance agricultural productivity and safeguard public health. This milestone is being honored with new brand logos for all of the corporation’s operating subsidiaries, reinforcing its continued commitment to technological innovation and business growth in the U.S. and international markets.
Eric Wintemute, Chairman & Chief Executive Officer commented: “As we celebrate this important milestone, we appreciate the continued support of our loyal customers, suppliers, employees and investors who have made 50 successful years possible. Our new branding elements symbolize both our past and our future as a global company. It’s an exciting time as we move forward with plans for further expansion domestically and internationally that include new product acquisitions and continued organic growth.”
American Vanguard Corporation started in 1969 as a regional contract manufacturer of agricultural chemicals and has grown over the last five decades to a fully integrated producer of branded specialty products. The corporation is the holding company for several subsidiary brands, including AMVAC, which develops, manufactures and markets effective agricultural and commercial products for crop protection, non-agricultural and public health applications.
AMVAC’s business development capabilities include new product acquisition and/or licensing for U.S. domestic sales and worldwide product distribution. The company operates four manufacturing facilities in the U.S. that provide flexible production of high-quality products with an excellent record of safety and regulatory compliance. AMVAC also maintains a very robust product registration function that, over the last five decades, has successfully enhanced the intellectual property value of the company’s portfolio.
Mr. Wintemute concluded: “Celebrating a 50-year milestone says a lot about the success of a company. We move into the future strongly committed to the international growth of our business and dedicated to the industries we serve by creating unique breakthrough solutions in crop protection, public health and precision application technology.”
Operating companies that are part of American Vanguard include: AMVAC Chemical Corporation, AMVAC Environmental Products, OHP Inc., Envance Technologies LLC, TyraTech Inc., Greenplants Corp. S.A., AgriCenter S.A. and Defensive/Agrovant LLC.
About American Vanguard
American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.
In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.
William A. Kuser, Director of Investor Relations
The Equity Group Inc.