The transaction was primarily completed to repay approximately US$1.3 million in debt, funded through an expansion of the Company’s existing line of credit.
Signed during a USDA-led trade mission to Taipei, the agreement builds on NMPF and USDEC’s network of allies around the world that helps advance a sustainable and prosperous future for the industry.
Working with Texas A&M’s National Center for Electron Beam Research (NCEBR), NNSA is advancing the Sterile Insect Technique (SIT) using electron beam (eBeam) technology in place of radioactive cobalt.
The research announcement coincided with confirmation of a major new HPAI H5N1 outbreak in Jefferson County, Wisconsin involving more than 3 million birds.
Humphreys previously served as Darigold’s Chief Financial Officer.