ABM opens facility in South Africa
Advanced Biological Marketing (ABM) has purchased the assets of BioSolutions, an importer of innovative technologies for the agricultural sector in Southern Africa.
The acquisition was finalized in December of 2013. Included is the office in Litchenburg South Africa, a manufacturing facility and a distributor network. ABM branded products will be produced, formulated and packaged there.
This facility will manufacture products for the entire African Continent, South East Asia and Australia.
The previous staff from BioSolutions will now be employed by ABM. As market penetration grows and the distributor network is built, staff will be added. Josey Hendriks will serve as general manager and Dr. Ronel Hendriks will be the lead science officer and oversee testing, quality control and research of new products.
"This is an excellent opportunity for ABM to expand its global reach," said Dan Custis, President and CEO. "As our market penetration continues to grow both domestically and internationally, we saw the need to expand and diversify our production facilities. With this acquisition and future expansion of the facility, we'll be able to provide our products and reach additional growers more efficiently than what we are currently doing. In addition, having this facility closer to the actual point of contact with the stakeholders is a plus for the farmers in that part of the world".
Custis states that equipment purchases are moving forward and manufacturing should be fully operational in time to supply products for the 2015 growing season. In the meantime, goods will be shipped from the Van Wert location to meet the demand for this growing season.
- Sign-up begins for USDA disaster assistance programs
- Grain futures lagged the other ag markets Wednesday
- Pacific Coast Terminals and K+S Potash Canada sign agreement
- Soy, cotton futures led the ag markets Wednesday morning
- Monthly fertilizer prices: Comparing 2014 through 2009
- USDA releases April water supply forecast for the West
- Commentary: Blame anti-GMO groups for deaths
- Julie Borlaug says biotech is necessary in fight against hunger
- What does “sustainable” food and agriculture really mean?
- Climate change will reduce crop yields sooner than we thought
- Ohio bill to require certification to apply fertilizer
- Carbon-dioxide hurts nitrogen assimilation by plants