Carrington, North Dakota
November 11, 2004
Technology Crops
International (TCI) today announces plans for significant
production expansion in response to increased demand from
domestic and international clients for highly specialized
crops.
As part of this expansion, Curt
Stern recently joined the company as specialty crops
coordinator. Stern’s experience and knowledge of specialty
oilseeds, combined with a successful history of launching and
managing crop production programs, make him a valuable addition
to TCI. Stern will be based in Carrington, N.D., where he and
other members of the TCI team will manage contracting programs
throughout the region. Prior to joining TCI, Stern held the
position of field manager with Northern Sun/ADM, where he was
responsible for oil crop
promotion in the U.S. and Canada.
Seeking qualified growers and
service partners
TCI plans to contract more than
350,000 acres in 2005, introducing several exciting new crops
into its portfolio. With the help of Stern, the company seeks
to sign up qualified growers for its premium-priced
identity-preserved crops and will host grower meetings
throughout the Midwest. Approved growers will be provided with
the highest quality seed, agronomic support, prompt and secure
payments and preferential access to premium contracts.
Interested growers can visit
techcrops.com or call 1-877-780-5882.
With the expansion of
contracted acres, TCI will also expand its list of qualified
elevators for production handling, add seed companies offering
new genetics and widen its base of production processors.
What are technology crops?
“Technology crops are those
carefully selected to deliver a specific function or benefit
over and above what is available from bulk commodity crops,”
says Andrew Hebard, president and chief executive officer of
TCI.” The company provides valuable raw materials used in a
variety of industries, including specialty nutrition,
pharmaceuticals, and industrial chemicals, among others. These
technology crops require careful segregation and isolation
throughout the supply chain--from seed selection to extraction
to delivery.
“As South American and Eastern
European countries increase their agricultural production and
influence commodity prices, North American growers can compete
on a different set of criteria—not lowest price--but value-added
quality and traceability. Our crops give U.S. growers a way to
differentiate their products and expertise and reduce their
risks,” Hebard explains. “Demand for technology crops is
growing and we believe these crops represent a key part of
future agriculture decisions in North America.”
Crop Assured 365™
Crop Assured 365™ is TCI’s
proprietary process of identity preservation. The Crop Assured
365™ seal assures that the technology crops are the highest
quality available. By using segregation, isolation and
containment of genetic material throughout the supply chain, TCI
ensures purity of raw materials from soil to oil.
Grower risk is virtually
eliminated
In addition to a guaranteed buyer and premium prices, TCI offers
growers contracts that include coverage for Acts of God and full
production protection, thus virtually eliminating these major
grower risks. “Growers who contract with us benefit from higher
prices, reduced grower risk --including coverage for Acts of
God-- and the assurance of knowing that our contracts are
written in clear, straightforward language with no hidden risks
or costs,” says Hebard.
Introducing innovative new
crops
Working in
partnership with government agencies, universities and private
industry, TCI is leading the way in the commercialization of
innovative new crops that are certain to become major new
additions for growers in the U.S.
According to Dr.
Terry Isbell, research leader of the new crops and processing
technology unit at USDA,
“These
specialty crops hold keen interest and benefit to growers. They
are providing much-needed diversification for Midwest farmers,
many of whom have struggled economically for years. These crops
address biodiversity issues and help U.S. growers transition to
self-sustaining crops that don’t require government subsidies.”
Responding to consumer demands
for healthier alternatives
Some of TCI’s crops offer
healthier alternatives that address two major issues in the
U.S.: dangerous dietary transfats and dependence on petroleum
for energy needs. “Many of the oils derived from the crops we
contract replace animal and petroleum-based oils, reflecting the
growing demand for products that contribute to a healthier
society and environment,” explains Stern.
Technology Crops
International is a global leader in the evaluation, development,
commercialization and delivery of new and high-value strategic
oilseed crops, such as high erucic acid rapeseed oil, high oleic
sunflower oil, meadowfoam, cuphea, lesquerella, camelina and
echium. The Company offers a full spectrum of expert services
in specialty crop contracting and serves the biotechnology,
pharmaceutical, industrial chemical, specialty nutrition and
medical foods industries. With offices in the U.S. and the
U.K., TCI supplies clients around the world with safe,
sustainable, traceable and cost-competitive crop-derived
products. |