476-relocation_press_release by msds

VIEWS: 10 PAGES: 2

									FOR IMMEDIATE RELEASE

August 12, 2008

Contact: Emory Jones at 706-348-7372

Cheminova Moves Regional and U.S. Headquarters to Research Triangle Park, NC
Research Triangle Park,, NC– Cheminova has moved the headquarters for the ANZAC Region, which includes Australia, New Zealand, the U.S. and Canada, and the headquarters for Cheminova, Inc. The company’s new location is at One Park Drive, Research Triangle Park, NC. The new headquarters office opened on August 1, 2008, and the company will be closing its Wayne, NJ offices in September 5, 2008. "The Triangle is an ideal location for us,” says Martin Petersen, President of Cheminova’s ANZAC Region. “This area offers everything an agribusiness company needs for success and growth, and will provide us with more opportunities for industry interaction. We will be better able to serve our customer base, which has shown strong support for this move.” Petersen says that Cheminova is experiencing a period of strong growth and needed to relocate to an area where it could more easily attract employees with industry experience as the company expands. “That made this area an ideal location,” says Petersen. Cheminova generated $911 million in worldwide revenue last year and is seeing improved revenue growth compared with a year ago. The company expects to initially have about 18 employees in Research Triangle Park. New members of the Cheminova Management team include Brent Crossland, who will be the company’s Marketing and Portfolio Manager. Crossland will also have responsibility for marketing in the ANZAC (Australia, New Zealand, USA and Canada)

Region. Stephen (Steve) Briggs is the company’s new National Sales Manager, and Brad Chalk will hold the newly created position of Non-Crop Business Manager. Other new members of the Cheminova team include Lynne Springer as Office Manager, Jolyn Crane as Customer Service Supervisor, David Kapfhammer as Toll Formulations Supervisor, and David Sisk as Controller. Cheminova, Inc., headquartered Research Triangle Park, NC, is the United States subsidiary of Cheminova A/S, a global leader in the production, development and sale of plant protection products. Cheminova A/S is located in Lemvig, Denmark.

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