AMVAC’s SIMPAS to be Field-Tested by the J.R. Simplot Company
July 31 2017 - 3:00PM
Business Wire
American Vanguard Corporation (NYSE:AVD) indicated today that
its wholly owned subsidiary AMVAC Chemical Corporation is
pleased to announce a collaboration with the J. R. Simplot Company
to field test AMVAC’s proprietary SIMPAS™ prescriptive application
equipment. SIMPAS stands for Smart Integrated Multi-product
Prescriptive Application System. This technology enables
Simplot Grower Solutions (SGS), a division of the J. R. Simplot
Company and leading full-service agronomic input supplier, to
test-run the application equipment as part of SGS’s comprehensive
services to their growers. SIMPAS allows growers to apply multiple
differentiated products to only the portion of the fields needing
specific inputs. This is possible by using SmartCartridge™
container technology that uses on-the-row RFID-tagged containers
for application.
The collaboration allows AMVAC to install hardware and software
at select SGS retail locations in order for those retailers to
handle and process the SmartCartridges used by SIMPAS equipment to
prescriptively apply products.
SGS will then be able to perform pre-commercially testing of
AMVAC’s SIMPAS and SmartCartridge hardware and software at multiple
SGS locations during the 2018 crop cycle in anticipation of AMVAC’s
soft launch of the technology in 2019.
According to Dave Dufault, Vice President and General Manager,
J. R. Simplot Company, “We’ve been big and early supporters of 4R
Nutrient Stewardship to ensure growers use the right fertilizer in
the right amounts at the right time and in the right place, and
this technology expands these services to a total solution.
Combining Simplot’s SmartFarm data-driven agronomy solutions and
AMVAC’s SIMPAS technology, we can enable farmers to apply crop
protection, nutrition and specialty products to only those areas of
their fields where they’re needed. That’s good stewardship,
and it helps farmers maximize their return on investment.”
Bob Trogele, AMVAC COO, says, “Simplot Grower Solutions is one
of the premier precision Ag organizations in the world, so we’re
thrilled with the opportunity to make pre-commercial SIMPAS systems
available to their leading-edge, innovative farmers. Simplot’s crop
advisors, utilizing the Simplot SMARTFARM® program, know where and
at what rate each product should be applied. The opportunity
to combine SIMPAS application technology with SmartFarm
prescriptions and post-harvest analysis will give participating
farmers and their advisors a head start in the process of scouting
for location-specific problems, identifying solutions, developing
and applying prescriptions, and assessing the results.”
Installed as “after-market” equipment on a wide range of planter
brands and models, SIMPAS equipment will prescriptively apply
multiple in-furrow products from on-the-row SmartCartridges in a
manner that is similar to the way a printer dispenses ink from
multiple ink cartridges. The system uses software to control the
application rate of each product on every row at every location in
the field with an accuracy of +/- 1%. Each SmartCartridge is a
self-contained closed-delivery container that is equipped with a
Radio Frequency Identification (RFID) tag that confirms each
cartridge is authorized for use, properly installed, and in the
correct position on the planter. The RFID tag also “links”
individual cartridges with the purchaser, enabling farmers to
receive credit for unused SmartCartridge contents when returned to
the original place of purchase.
About Simplot:
The J. R. Simplot Company, a privately held agribusiness firm
headquartered in Boise, Idaho, has an integrated portfolio that
includes phosphate mining, fertilizer manufacturing, farming,
ranching and cattle production, food processing, food brands, and
other enterprises related to agriculture. Simplot’s major
operations are located in the U.S., Canada, Mexico, Australia, and
China, with products marketed in more than 40 countries worldwide.
The company supports 4R Nutrient Stewardship – using the right
source of fertilizer at the right rate at the right time and in the
right place. This is a cornerstone to Simplot’s mission of
Bringing Earth’s Resources to Life. For more information,
visit www.simplot.com.
About American Vanguard
American Vanguard Corporation is a diversified specialty and
agricultural products company that develops and markets products
for crop protection and management, turf and ornamentals management
and public and animal health. American Vanguard is included on the
Russell 2000® and Russell 3000® Indexes and the Standard &
Poor’s Small Cap 600 Index. To learn more about American Vanguard,
please reference the Company’s web site at
www.american-vanguard.com.
The Company, from time to time, may discuss forward-looking
information. Except for the historical information contained in
this release, all forward-looking statements are estimates by the
Company’s management and are subject to various risks and
uncertainties that may cause results to differ from management’s
current expectations. Such factors include weather conditions,
changes in regulatory policy and other risks as detailed from
time-to-time in the Company’s SEC reports and filings. All
forward-looking statements, if any, in this release represent the
Company’s judgment as of the date of this release.
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American Vanguard CorporationWilliam A. Kuser, Director of
Investor Relations(949) 260-1200williamk@amvac-chemical.comorThe
Equity Group Inc.Lena Cati(212) 836-9611 /
Lcati@equityny.comwww.theequitygroup.com
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