Land O'Lakes closing Research Seeds, Inc. St. Joseph facility

Arden Hills, Minnesota
May 1, 2003

Land O'Lakes, Inc. today announced that it will close its Research Seeds, Inc. facility in St. Joseph effective June 30, 2003. The decision follows an extensive analysis of today's competitive market and the Land O'Lakes seed system, with a focus on achieving maximum efficiency, while delivering optimal value to customers. The St. Joseph facility processes, packages and distributes forages, turfs and alfalfa.

Company officials met with employees during a 9 a.m. meeting then contacted city officials and the St. Joseph Chamber of Commerce.

"This was a difficult decision, because we've been in St. Joe since 1970," said Dave Seehusen, Land O'Lakes vice-president of seed. "The employees there have contributed greatly over the years to Land O'Lakes many successes and growth in seed and we recognize this change will have an impact on them and the community."

The closing will affect 27 employees who will either be offered relocation within the Land O'Lakes system, or severance packages and outplacement assistance.

Customers previously served by the St. Joseph facility will be served by operations in Madison, Wis., Hastings, Minn., and Denver, Colo.

Land O'Lakes, Inc. is a national, farmer-owned food and agricultural cooperative, with sales of $6 billion. Land O'Lakes does business in all 50 states and more than 50 countries. It is a leading marketer of a full line of dairy-based consumer, foodservice and food ingredient products across the U.S.; serves its international customers with a variety of food and animal feed ingredients; and provides farmers, local cooperatives, and customers with an extensive line of agricultural supplies (feed, seed, crop nutrient and crop protection products) and services.

News release
5746

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