Alico Chemical Sales approved as new owner-member of Chem Nut, Inc.

Alico, Inc., a holding company with assets and related operations in agriculture and natural resources, announced that its newly formed subsidiary, "Alico Chemical Sales" has been approved as a new owner-member and stock holder of Chem Nut, Inc.

Alico believes that its new membership in CNI will allow it to fulfill its chemical requirements on a more independent, sustainable and efficient basis as the company grows.

CNI is a stock held marketing and sales corporation that has been doing business for over 40 years, supplying independently owned agricultural retailers in 21 states. The focus is to be the preferred supplier of agricultural inputs (crop protection products, seed and seed treatments, adjuvants and surfactants, and micronutrients (CNI Agriminerals), to our dealers/owners which represent over 335 retail locations. Our operations stretch from the East Coast of the US to the West Coast, linking many of these agricultural markets. CNI offers great value to our customers with a consistent, reliable, and strong business model and to suppliers with influence, direction, molecule management, and access to the major US agricultural markets.

Chem Nut, Inc. markets and sells agricultural inputs, such as agrichemicals, micronutrients, seeds, and adjuvants to farm retail businesses and dealers in the United States. The company was founded in 1974 and is based in Leesburg, Georgia. It has locations in Sebring, Florida; Tarboro, North Carolina; Weyers Cave, Virginia; and Lubbock and Dumas, Texas.

Formerly called Chem Nut.