LOL closes research facility - Newsline - Land O'Lakes - Brief Article

Rural Cooperatives, July-August, 2003 by Patrick Duffey

After an extensive study of its seed system, Land O'Lakes (LOL) decided to close its seed research facility at St. Joseph, Minn., which processed, packaged and distributed forages, turfs and alfalfa. The plant closing sidelined 27 employees who were offered relocation within the LOL system or severance packages and outplacement assistance.

Customers previously served from St. Joseph will be served by LOL operations in Madison, Wis., Hastings, Minn., and Denver, Colo. In another seed development, LOL and Novartis Seeds, Golden Valley, Minn., have formed a joint venture to develop and market specialty corn products for animal feed and consumer-food markets. Novartis purchased a half interest in Wilson Seeds Inc. of Harlan, Iowa. It had been a wholly owned subsidiary of LOL.

COPYRIGHT 2003 U.S. Department of Agriculture, Rural Business - Cooperative Service
COPYRIGHT 2004 Gale Group

 

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