Dear Loyal Customers,
It has been an exciting summer and fall for Midwestern BioAg. As many of you know, the company changed hands in June and a group of investors teamed with our management to take this company to a new level—to reach the goal that Gary set so many years ago—to change agriculture around the world. Gary continues is his role as President and “Chief Visionary Officer.” One of the original investors, Douglas Rosenberg, has increased his support for the company and is taking an ever more active role. This is exciting as he brings great relationships, business acumen and financial capacity.
Over the summer, I spent a lot of time meeting many of our staff and independent dealers to lay the groundwork for the growth ahead.
On the growth side, we have much to report. On November 5 we formally merged Iowa BioAg and Kalona BioAg into Midwestern BioAg. This follows on our previous mergers with Wisconsin, Minnesota and Michigan, bringing together all four blending facilities plus some of the independents and creating a new team that will be stronger together than we were individually. We have hired another dozen sales consultants, new support staff and continue to move forward on building the first new blending facilities in northern Illinois. We are in late negotiations on our first new fertilizer manufacturing plant and hope to have some improved new products, at attractive prices, available in the middle of next year.
As we move into the fall and winter, we are extremely excited by all of our progress and sobered by the amount yet to be done. I thank you for your patience as we put in place the foundation for some strong growth, improved service and better ways to meet your needs. I look forward to working with you all.
Anthony “Tony” Michaels, Ph.D.
CHIEF EXECUTIVE OFFICER