Fontanelle,
Nebraska
September 2, 2005
Fontanelle Hybrids announced that the company has been
acquired by the CORE Group, a wholly owned company of
American Seeds, Inc. (ASI), which is a holding company
formed by Monsanto Company
to support regional seed businesses with capital, genetics and
technology investments. Fontanelle will join ASI as a distinct
operating subsidiary of the CORE Group and operate independently
and regionally.
“Fontanelle joined an association of seed companies in 1996 to
form the CORE Group,” Steve Pike, sales manager said. “This new
CORE Group, now owned by ASI, also includes original CORE Group
member companies: Stone Seed Farm Inc, Springfield, IL; Steward
Seeds Inc, Greensburg, IN; and Trelay Seed Company, Livingston,
WI.”
“The member
companies created the CORE Group almost ten years ago to ensure
continued access to new traits and top genetics,” Pike said. “We
made the move then to be an owner and member of the CORE Group
because we believed that we need to plan for the future. We owe
that to our customers, dealers and employees. Now that the CORE
Group is in ASI, we have again made the move to make sure we can
be there as a seed partner for the continued success of the
people who depend on us.”
“One of the
foundation principles of Fontanelle is to provide seed products
that will make our customers successful,” Dave Monke, production
manager said. “Our customers tell us that we’ve done a good job
of that over the last 70 years. Now, with the CORE Group move
into ASI, we know that we will continue to be able to offer
cutting edge trait products in the best genetics available as we
move into the future.”
“Our
customers will see that Fontanelle’s unique culture will stay as
they know it,” Pike said. “They will continue to work with the
same team of people and the same brand they’ve come to trust.
Our customers have appreciated our culture as well as the
knowledge that they can come to Fontanelle for the new products
that will bring value to their farming operations. Now we’ve
made sure that trust they’ve placed in us will continue on as
our culture flourishes into the future.”
Fontanelle Hybrids markets corn, soybeans, grain
sorghum, alfalfa and sunflowers in Nebraska, Iowa, Kansas,
Colorado, Missouri and portions of Illinois, Minnesota, South
Dakota and Texas as a CORE Group company under the High Cycle®
Seed Systems brand of products. |