-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OMh1Icpmg3gn81nv4VXoHcdP/p3mJzrNTLwqUGpT2p2pcacWMllSUaTbbVIulPzT /c2Ihv4xfFOh4d+HBV3Eyw== 0001193125-06-005512.txt : 20060112 0001193125-06-005512.hdr.sgml : 20060112 20060112160553 ACCESSION NUMBER: 0001193125-06-005512 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060111 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060112 DATE AS OF CHANGE: 20060112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN VANGUARD CORP CENTRAL INDEX KEY: 0000005981 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 952588080 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13795 FILM NUMBER: 06527265 BUSINESS ADDRESS: STREET 1: 4695 MACARTHUR COURT CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 9492601200 MAIL ADDRESS: STREET 1: 4695 MACARTHUR COURT CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: AEROCON INC DATE OF NAME CHANGE: 19720620 8-K 1 d8k.htm FORM 8-K Form 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (date of earliest event reported): January 11, 2006

 

AMERICAN VANGUARD CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   001-13795   95-2588080
(State or other jurisdiction
of incorporation)
  Commission File Number   (I.R.S. Employer
Identification No.)

 

4695 MacArthur Court

Newport Beach, California 92660

(Address of principal executive offices)

 

Registrant’s telephone number: (949) 260-1200

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 8.01 Other Events

 

On January 11, 2006, American Vanguard Corporation announced that its wholly owned subsidiary, AMVAC Chemical Corporation, entered into an exclusive multi-year licensing agreement with Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, to market, sell and distribute Lorsban 15G insecticide (active ingredient chlorpyrifos), through AMVAC’s SmartBox delivery system in the United States. The full text of that press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits.

 

(c) Exhibits

 

Exhibit 99.1   Press release dated January 11, 2006 of American Vanguard Corporation.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, American Vanguard Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

        AMERICAN VANGUARD CORPORATION

Date: January 12, 2006

      By:  

/s/ Timothy J. Donnelly

               

Timothy J. Donnelly

               

Vice President & General Counsel


INDEX TO EXHIBITS

 

Exhibit

No.


  

Description    


99.1    Press release dated January 11, 2006 of American Vanguard Corporation.
EX-99.1 2 dex991.htm PRESS RELEASE Press release

Exhibit 99.1

 

LOGO

 

AMERICAN VANGUARD ENTERS EXCLUSIVE MULTI-YEAR LICENSING AGREEMENT WITH DOW

AGROSCIENCES TO SUPPLY LORSBAN® INSECTICIDE IN SMARTBOX®

 

Newport Beach, CA – January 11, 2006 - American Vanguard Corporation (AMEX:AVD) today announced that its wholly owned subsidiary, AMVAC Chemical Corporation, entered into an exclusive multi-year licensing agreement with Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (NYSE:DOW), to market, sell and distribute Lorsban 15G insecticide (active ingredient chlorpyrifos), through AMVAC’s SmartBox delivery system in the United States.

 

AMVAC has licensed the entire agricultural label from Dow AgroSciences and will begin selling Lorsban SmartBox in the 2006 season.

 

Glen Johnson, Senior Vice President and Director of Business Development for AMVAC, stated, “Lorsban represents the fifth product we will market through our SmartBox system and the first product we have licensed for use outside of corn and soybeans. This license will substantially broaden our reach into crops we do not currently serve with SmartBox including various vegetable crops, sugar beets, sweet potatoes, and peanuts. We see this agreement as an important opportunity to further develop the positioning of SmartBox as the delivery system of choice for granular insecticides.”

 

Eric Wintemute, President and CEO of American Vanguard, stated, “While we have a long-standing relationship with Dow, this license is the first deal between our two companies. We hope that this agreement will serve as the basis for future collaborations.”

 

Hank King, Lorsban product manager of Dow AgroSciences, commented, “We are very pleased that Lorsban 15G will be available to farmers in the state-of-the-art SmartBox system. The cost effective performance of Lorsban 15G combined with the superior SmartBox technology make a perfect fit, and provide farmers with additional options for pest control.”

 

AMVAC’s SmartBox is a closed handling system that combines precision insecticide application with reduced applicator exposure. Its 50-lb. returnable containers conveniently eliminate the need to open, pour and dispose of bags as well as reducing the risk of skin contact or inhalation exposure. It also features in-cab push-button insecticide control, monitoring and data record keeping capabilities. The SmartBox is a low-maintenance system that can be easily fitted on all major brands of planters.

 

Lorsban 15G controls a broad spectrum of insect pests such as corn rootworms, lesser cornstalk borer, cutworms, wireworms, white grubs and sugar beet root maggot. The product also inhibits the growth and development of white mold disease. Accordingly, Lorsban 15G is registered for use on alfalfa, asparagus, corn (field, sweet, and corn grown for seed), citrus grove floors, grain sorghum/milo, onions (dry bulb), peanuts, soybeans, sugar beets, sunflowers, sweet potatoes, tobacco, and various vegetable crops.


About American Vanguard

 

American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamental management, and public and animal health. The Company’s basic strategy is to acquire brand name, niche product lines from larger companies that divest mature products to focus on newly discovered molecules. During 2005, American Vanguard was recognized as one of BusinessWeek’s Hot Growth Companies (#72), FORTUNE Small BusinessAmerica’s 100 Fastest Growing Small Companies (#40) and Forbes200 Best Small Companies (#59). 2005 marks the third consecutive year American Vanguard has been included on these three lists – the only company to hold this honor. American Vanguard is included on the Russell 2000® and Russell® 3000 Indexes. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.

 

American Vanguard, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by American Vanguard’s management and are subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in American Vanguard’s SEC reports and filings. All forward-looking statements, if any, in this release represent American Vanguard’s judgment as of the date of this release.

 

Lorsban is a registered trademark of Dow AgroSciences LLC.

 

SmartBox is a registered trademark of AMVAC Chemical Corporation.

 

CONTACT:    -OR-    AVD’S INVESTOR RELATIONS FIRM

American Vanguard Corporation

        The Equity Group Inc.

Eric G. Wintemute, President & CEO

        www.theequitygroup.com

(949) 260-1200

        Lauren Till
          LTILL@equityny.com
          (212) 836-9610
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