| From: Sultan | 9/4/2018 1:56:17 PM | | | | | | AgJunction Completes Sale of Outback Guidance Business
HIAWATHA, KS, Sept. 4, 2018 /PRNewswire/ - AgJunction Inc. ( AJX.TO), the Autosteering Company™, has closed the sale of the assets of its Outback Guidance (Outback) business to Hemisphere GNSS (HGNSS). The transaction will allow AgJunction to focus on its core strategy to grow the market for autosteering.
The asset sale of Outback includes the Outback Guidance® brand, the REBEL™ autosteering products, and AgJunction's Hiawatha, Kansas and Winnipeg, Canada facilities. HGNSS will take over the relationships with the Outback independent dealer network, and the majority of the Outback workforce are transitioning to HGNSS.
AgJunction will retain the intellectual property and engineering staff concentrated in two engineering centers of excellence in Scottsdale, Arizona, and Brisbane, Australia.
The specific terms of the transaction are confidential. |
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| From: Sultan | 11/9/2018 3:53:19 AM | | | | | | 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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| From: Sultan | 11/12/2018 6:17:25 PM | | | | | | AgJunction Reports Third Quarter 2018 Earnings Results
SCOTTSDALE, AZ, Nov. 12, 2018 /PRNewswire/ - AgJunction Inc. ( AJX.TO) ("AgJunction" or the "Company"), the Autosteering Company™, is reporting financial results for the third quarter ended September 30, 2018. All currency amounts are expressed in U.S. dollars.
finance.yahoo.com
Conference Call
AgJunction will hold a conference call tomorrow at 11:00 a.m. Eastern time to discuss its third quarter results, followed by a question-and-answer session.
Date: Tuesday, November 13, 2018
Time: 11:00 a.m. Eastern time (8:00 a.m. Pacific time)
Toll-free dial-in number: 1-888-231-8191
International dial-in number: 1-647-427-7450
Conference ID: 3178816
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios at 1-949-574-3860.
The conference call will be broadcast live and available for replay via the investor center section of the Company's website at corp.agjunction.com.
A replay of the conference call will be available after 2:00 p.m. Eastern time on the same day through November 27, 2018.
Toll-free replay number: 1-855-859-2056
International replay number: 1-416-849-0833
Replay ID: 3178816 |
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