Agricultural cooperatives
GROWMARK, Inc., Bloomington, Ill., and
Agway Inc., Syracuse, N.Y.,
today announced the signing of a Letter of Intent that provides
GROWMARK with exclusive rights to negotiate for the possible
acquisition of Agway’s Agronomy and
Seedway businesses and
related assets.
In March 2002, Agway announced that it was taking steps to
divest several business units including Agway Agronomy and
Seedway. Agway Agronomy, headquartered in Milford, Del., sells
fertilizer, crop protection products, and farm seed. Seedway,
headquartered in Hall, N.Y., sells turf, vegetable, and farm
seed.
GROWMARK, Inc. is a federated regional cooperative that
currently provides agriculture-related products and services to
local cooperative members across the Midwest and Ontario,
Canada. Visit the GROWMARK Web site at