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Microcap & Penny Stocks : AgJunction Inc. - HW/SW for Precision Agriculture
AJX.TO 0.510-1.9%4:00 PM EDT

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From: Sultan11/9/2018 3:53:19 AM
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AgJunction Selects Arizona for New Corporate Headquarters

Scottsdale, AZ, Nov. 08, 2018 (GLOBE NEWSWIRE) -- AgJunction Inc. ( AJX.TO), the Autosteering Company™, announced the relocation of its corporate headquarters from Hiawatha, Kansas to Scottsdale, Arizona. The move, effective immediately, is expected to add jobs in engineering, program management, finance and customer support.

“Upon the sale of the Outback business, that included the Hiawatha facility where our corporate office resided, we decided that Arizona was the right fit for our new corporate headquarters,” said Dave Vaughn, AgJunction president and chief executive officer. “The decision to select Arizona as AgJunction’s new headquarters was based on the successful growth of our technology Center of Excellence in Scottsdale and the state’s focus on the autonomous and agriculture technology industries.”

In April, AgJunction created two technology Centers of Excellence, with one based in Scottsdale, AZ, to accelerate innovation in developing low-cost, simple-to-use precision agriculture solutions for all farmers.

“AgJunction is taking on a technological challenge to reduce cost and complexity of autosteering, the heart of precision agriculture,” said Brett McMickell, AgJunction senior vice president of global product development. “Arizona provides access to a technology-focused workforce, universities, and an innovative business ecosystem essential for the developing products that all farms can afford and operate.”
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