Delta and Pine Land
Company (NYSE: DLP), a leading commercial breeder,
producer and marketer of cotton planting seed, today
announced a commitment of up to $100,000 for disaster
relief. The company has made initial commitments of $20,000
to the Salvation Army Hurricane Katrina Disaster Relief Fund
and an additional $20,000 to the American Red Cross
Hurricane Katrina Disaster Relief Fund. The Company also
announced matching programs for employees and customers that
will raise the total financial commitment by D&PL to a
maximum of $100,000.
"In the last couple of days, we have all seen
the devastation and suffering that Hurricane Katrina
caused," Tom Jagodinski, president and CEO says. "This storm
will affect people's lives forever. We find ourselves
wondering how we can help in a meaningful way. After talking
to several people at D&PL, we decided to kick off an
immediate campaign to respond to the needs of Katrina's
victims."
The Company expects a matching program being
offered to employees, customers and business partners that
will result in a total donation by the company of $100,000.
Jagodinski explains, "We are hopeful that by encouraging
participation by our employees and our business associates,
we can reach this goal. We are also hopeful that other
companies with far more resources than we have will choose
to participate in similar ways."
He concludes, "This is an exceptional
donation for our company, which has 600 employees. But these
are certainly unusual circumstances. The devastation is so
much deeper and widespread than any natural disaster that we
as a nation have recently experienced. The company has
learned from Red Cross officials that up to 10,000 people
will be relocated to the region with thousands of victims
already in the West Mississippi Delta. Therefore the company
chose to dig deeper when deciding upon our contribution
level. We will direct our donations to the Red Cross to
those local chapters who will serve these locally placed
victims."
The donation to the Salvation Army will be
directed to the region responsible for providing relief in
Mississippi, Alabama, and Louisiana. Officials in that
office are focusing on feeding and sheltering people within
the areas most impacted, citing on-site work in all the
major cities as well as rural areas.
Jagodinski says while none of D&PL's
employees were in the direct line of this storm's greatest
intensity, its headquarters in the Mississippi Delta has
experienced natural disasters in the 95 years since D&PL was
founded. Many of the Company's employees have family,
friends, or business partners along the Gulf Coast who have
been impacted by Katrina. And of course there is the impact
on many farms as the storm came in-land causing crop losses
or leaving growers to wonder what harvest will look like.
D&PL will be posting details on the matching
plan, its offering customers and partners on the Company's
website (http://www.deltaandpine.com)
as soon as some of the region's communications problems are
solved. In the meantime, to receive details via fax call
662-742-4156.
Delta and Pine Land Company is a commercial
breeder, producer and marketer of cotton planting seed, as
well as soybean seed in the Cotton Belt. For over 90 years,
the Company has used its extensive cotton plant breeding
programs drawing from a diverse germplasm base to develop
improved varieties. Delta and Pine Land (NYSE: DLP),
headquartered in Scott, Mississippi, has offices in eight
states and facilities in several foreign countries.