American Vanguard Corp was incorporated under the laws of the State of Delaware in January 1969. The Company is a holding company and operates its business through its subsidiaries. The Company is a specialty chemical manufacturer that develops and markets products for agricultural, commercial and consumer uses. It manufactures and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals, which include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants are marketed in liquid, powder, and granular forms. The Company distributes its products domestically predominantly through national distribution companies and buying groups or co-operatives that purchase its goods on a purchase order basis, and, in turn, sell them to retailers, growers, end-users. It faces competition from many domestic and foreign manufacturers in its marketplaces. The Company and its subsidiaries are subject to numerous federal and state laws and governmental regulations concerning environmental matters and employee health and safety at the Commerce, CA; Marsing, ID; Hannibal, MO and Axis, AL facilities.
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