Randolph, Wisconsin
March 15, 2007
Peter Jung, of
Jung Seed Genetics,
Inc., and American
Seeds Inc. (ASI) announced today that Jung Seed Genetics,
Inc. is selling the sales and marketing portion of its business,
and transferring its sales staff, to the ASI team of leading
edge, independent operating regional seed companies. The
facilities will remain under the current local ownership.
“Our customers can expect to receive the same quality products,
individualized service and advice from the same people they have
been doing business with in the past” said Jung.
The agreement will allow Jung Seed Genetics customers to have
the best of two worlds - the regional product selection
expertise and service from people that understand their farming
operations combined with the richest trait pipeline and most
elite germplasm pool available in the industry. “We are excited
about becoming a part of ASI and the benefits that our customers
will gain through this relationship. Since Jung Seed Genetics
began, we have been committed to bringing seed products that
will increase profitability on our customers’ farms. This new
alignment will enable us to continue our agriculture legacy.”
stated Jung.
American Seeds, Inc. (ASI), which was formed in 2004, as a
holding company for regional seed companies that market
primarily corn and soybeans. ASI provides support for these
regional seed businesses with capital, genetics and technology
investments. These investments allow the operating companies of
ASI to more directly connect their customers to significant
innovations in genomics-based breeding and other new
technologies while continuing to operate autonomously and
locally, providing great services to their customers.
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