Amvac Chemical Corporation has moved into variable-rate technology by making a minority equity investment in Clean Seed. The agreement also includes a royalty-bearing worldwide license for Clean Seed’s variable-rate technology in the Clean Seed SMART Seeder and the SMART Planter platforms. Clean Seed is based in Vancouver, British Columbia.
The agreement expands Amvac’s footprint in the precision ag sector, said Eric Wintemute, Chairman and CEO of American Vanguard, which is Amvac’s parent company.
AMVAC, through SIMPAS, has developed “the most advanced one-pass prescription application system for applying multiple low-rate, in-furrow products while row-planting,” he added.
The strategic partnership announced this week “represents an alignment of two companies whose combined precision application technologies are, to my mind, unrivaled,” Whitemute said in a company announcement. “From our point of view, Clean Seed has developed the most advanced one-pass prescription application system for seeding and nutrients with their SMART Seeder technology.”
The alliance gives Amvac “a highly-sophisticated, variable-rate platform with leading edge sensor technology, access to drill-seeded crops such as wheat, canola and other major crops, and further expand our reach into the Canadian marketplace. This further enhances our strategic growth initiative for SIMPAS as we begin commercialization.”