Technologies such as Headline key as corn demand accelerates
RESEARCH TRIANGLE PARK, N.C. (December 21, 2006) – In 2006, thousands of growers across the country made the decision to protect their crops from disease and enhance overall production with Headline® fungicide. In more than 1000 on-farm corn trials and 750 on-farm soybean trials, Headline produced consistently higher yields, positive returns on investment and even shattered world records.
“The 2006 results are in and they show how Headline helps growers maximize their output per acre,” said Gary Fellows, Technical Marketing Manager for corn and soybean fungicides and herbicides at BASF. “The average yield advantage of Headline treated corn ranged from 12 to 15 bu/A, while Headline treated soybeans trials showed a 4 to 8 bu/A advantage in 2006.” Fellows and his team have been crunching the comparative yield numbers for the 1750 on-farm trials since harvest results started coming in.
Argo Tractors to Restructure UK Operations
Norcross, Ga — December 19, 2006 – (AgNewsWire) ARGO Tractors — part of ARGO S.p.A, — has announced plans to restructure business operations in the United Kingdom in order to strengthen the McCormick product line and global business operations. Specifically, ARGO plans to phase out the assembly of McCormick tractors at its plant in Doncaster, U.K. and transfer these functions to other ARGO Group facilities based in Italy. These facilities feature a strong workforce that is experienced with the McCormick product line. The transfer, phased by product family, will begin in March 2007 and is expected to be completed by year-end. There are no changes to the McCormick product or in component manufacturing — only…
Becker Underwood Creates Inoculants and Seed Enhancement Business Units
Ames, Iowa — December 18, 2006 (AgNewsWire) As a result of its rapidly expanding businesses in seed colorants and polymers, seed coating services and inoculants, Becker Underwood has announced major changes to its North American Seed Enhancement Business Unit. Becker Underwood will expand the current business to form two new units, an Inoculants Business Unit and Seed Enhancements Business Unit. “This business unit will be dedicated to our growing inoculants business and will enable us to arrange our business around our inoculants customers, including distributors, retailers and growers, and emphasize the products and technologies that best fit into this market channel,” says Peter Innes, chief executive officer of Becker Underwood. The Inoculants Business Unit will…
MachineryLink Completes Equity Capital Investment
Kansas City, MO (December 8, 2006) (AgNewsWire) MachineryLink, Inc. announced the closing of a $17.4 million equity raise to support its investment in future growth. The investment was made by several institutional investors, including October Capital, Adams Street Partners, River Cities Capital Funds, Alpha Capital Partners and a syndicate of private investors. MachineryLink is a specialty finance and asset management company that provides progressive combine leasing products to farmers across North America. The Company has experienced 115% annual growth since it commenced operations in 2001. At the core of its value in the marketplace is the compelling alternative of its lease products to the cost of owning increasingly costly harvesting equipment. Scott Hazlett, President and…
