By Ian Gilson, CFA
With its recent acquisitions of land and the expansion of leased land under cultivation S&W Seed (SANW) is one of the largest producers of non-dormant alfalfa seeds in the world. Trade sources suggest that the company could soon be the number one commercial producer, bigger than Dow, of proprietary alfalfa seeds.
The company has renewed and extended its employment contract with Its President and CEO, Mark Grewal who has guided its growth and development over the past four years. The contract was extended through 2016.
S&W Seed has extended its lease on 800 acres in Kern County in the San Joaquin valley, originally signed in July, 2011 into 2024. Part of this land has been used for alfalfa cultivation and we assume that this will be expanded to include all of the 800 acres.
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