Ann: GENERAL: NFF: Nufarm expands production capa

• Release Date: 28/05/12 18:48
• Summary: GENERAL: NFF: Nufarm expands production capabilities in USA
• Price Sensitive: No
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NFF
28/05/2012 16:48
GENERAL

REL: 1648 HRS Nufarm Finance (NZ) Limited

GENERAL: NFF: Nufarm expands production capabilities in USA

Nufarm will establish a new manufacturing facility in Chicago to support
growth in the fungicides, insecticides and seed treatment segments.
The new facility, which will open in 2013, will also accommodate Nufarm's
North American headquarters and the global head office for the group's seed
technologies business, Nuseed. The project involves a capital investment of
approximately $9 million.
When fully commissioned, the new plant will manufacture most of Nufarm's
expanding range of fungicides, insecticides, growth regulators and seed
treatments and will support the growth of these segments within the North
American market.  The provision of 'in-house' capacity will provide
additional flexibility to meet changing market needs and demand; will reduce
inventory costs; and will capture an increased, integrated margin.
Nufarm's Managing Director, Doug Rathbone, said Nufarm is targeting increased
growth in these higher value market segments.
"These facilities will enable us to more closely collaborate with customers
to create innovative products and meet their customised supply requirements."

The location of the new plant, in the same general area as Nufarm's Chicago
Heights herbicide manufacturing facility, will allow the company to leverage
combined purchasing power for packaging materials and other supplies and
strategically places the company's production within a one day transit of a
large majority of key US customers.
Manufacturing operations in the new plant are expected to commence in early
2013, with the relocation of Nufarm's North American office at nearby Burr
Ridge scheduled for later in the year.

-- end --

Further information: Robert Reis
   Corporate Affairs
   * (61 3) 9282 1177
End CA:00223337 For:NFF    Type:GENERAL    Time:2012-05-28 16:48:57