Newport Beach, California
January 22, 2004
American Vanguard
Corporation (AMEX: AVD) today announced that its subsidiary,
AMVAC Chemical Corporation, entered into an agreement with
Syngenta Crop
Protection to supply Force® 3G corn soil insecticide for use
through AMVAC's SmartBox® system beginning in the 2004 season.
AMVAC's
SmartBox is a closed handling system that combines precision
insecticide application with reduced applicator exposure. Its
50-lb. returnable containers eliminate the need to open, pour
and dispose of bags, which reduces the risk of skin contact and
inhalation. It features in-cab push-button insecticide control,
monitoring and data record keeping capabilities. The SmartBox is
a low-maintenance system that can be easily fitted on all major
brands of planters.
Force 3G is
a leading corn soil insecticide manufactured and marketed by
Syngenta for the control of corn rootworm, wireworm, cutworm and
white grub in corn.
"The
availability of Force insecticide through SmartBox is great news
for corn growers who want a high level of corn soil insect
control," stated Ted Ramirez, director of marketing for AMVAC.
"Corn growers continue to see the value the SmartBox technology
offers and now have the choice of using Force and our other corn
soil insecticides through the SmartBox system. Since we acquired
SmartBox from Dupont in 2000, we have enjoyed increasing grower
acceptance and utilization. This endorsement from Syngenta
further supports our goal to position SmartBox as the delivery
system of choice for granular insecticides."
Pat
Steiner, Syngenta Force brand manager, commented, "Force and the
SmartBox system are a great fit. The timing is perfect for
combining the premium performance of Force with the superior
SmartBox technology. With Force and the SmartBox, we are
offering proven performance at a time when growers are facing
tremendous pressure on yields from corn insects."
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. The
Company's basic strategy is to acquire brand name, niche product
lines from larger companies that divest mature products to focus
on newly discovered molecules. During 2003, American Vanguard
was recognized as one of Business Week's Hot Growth Companies
(#94), Fortune Small Business' America's 100 Fastest Growing
Small Companies (#35) and Forbes' Hot Shots: 200 Up and Coming
Companies (#23).
Syngenta is
a world-leading agribusiness committed to sustainable
agriculture through innovative research and technology. The
company is a leader in crop protection and ranks third in the
high-value commercial seeds market. Sales in 2002 were
approximately US$6.2 billion. Syngenta employs some 20,000
people in over 90 countries. Syngenta is listed on the Swiss
stock exchange (SYNN) and in New York (SYT).
SmartBox® is a registered trademark of AMVAC Chemical
Corporation.
Force® is a registered trademark of a Syngenta Group Company.
Force is a Restricted Use Pesticide. |