Pinnacle opens new locations – Alert

Pinnacle Agriculture Holdings LLC reported on Feb. 25 that it has launched a new retail location in New Castle, Ind., that will operate as part of Pinnacle’s Providence Agriculture brand. The New Castle facility at 1700 Troy Avenue will provide area farmers with seed, fertilizer, crop protection chemicals, and precision agriculture services through Pinnacle’s OptiGro® brand.

The start-up team includes David Cline, location manager, and sales representatives Jared Glunt and Brent Osting. All three have extensive family farming experience, as well as experience in agriculture retail sales, sales management, and retail and wholesale distribution of farm inputs. “Our team is very excited about the opportunity to introduce Providence Agriculture to east central Indiana,” said Cline. “Considering the stellar management team and the core values of Providence Agriculture, it made my decision an easy one when asked to head up this initiative.”

Pinnacle also announced the launch of a new wholesale and retail farm input products and services location in Dumas, Texas. The Dumas location at 1414 FM 2203 will operate as part of Pinnacle’s Sanders brand, and will provide area dealers with the ability to serve local farmers with seed, fertilizer, crop protection chemicals, precision agriculture services, and field scouting services. The Dumas facility will be managed by Lance Latham, location manager, and Robbie Cartrite, operations manager.

“We are very pleased to join Sanders and combine our talents and experience to provide customers with the best possible service and solutions,” said Cartrite. “Sanders’ mission of contributing to customer success is very synergistic with the values of our team, and we look forward to meeting and exceeding our customers’ expectations as we build a first-in-class farm input operation.”

“We are very excited about the recent launch in Dumas,” said Dane Higgins, Sanders’ area operations manager. “We are committed to delivering innovative, customized solutions to help farmers become more profitable. We look forward to providing them with quality products brought to them by experienced people who truly care about their success.”

Pinnacle was founded in early 2012 and is based in Memphis, Tenn. The company operates through its Sanders®, Performance Agriculture™, Providence Agriculture, AgOne Application Services™, Innvictis™, Meridian™, and Altitude™ brands, serving growers across 26 states.

N.D. Senate approves tax incentives for fertilizer plants – Alert

The North Dakota Senate on Feb. 25 unanimously approved a bill that provides tax incentives for the “tangible personal property” used in the construction of fertilizer or chemical processing plants in the state. Senate Bill 2035 would create a sales and use tax exemption for items such as building materials and structures, according to the Grand Forks Herald. The incentives could apply to a number of proposed nitrogen fertilizer facilities in North Dakota, including the $2 billion Northern Plains Nitrogen plant near Grand Forks and the $3 billion facility planned by CHS Inc. in Spiritwood. The bill was amended to include a requirement for a public hearing if a project exceeds $1 billion, as well as a request for legislators to study the effects of large economic development projects on local communities.

Israel labor union declares work dispute, warns of general strike – Alert

The labor unrest in Israel continues to intensify over the planned layoffs at Israel Chemicals Ltd. (ICL). The powerful Histadrut Labor Federation on Feb. 26 declared a general work dispute encompassing all of southern Israel, from the port of Ashdod to the southern port of Eilat.

Histadrut Chairman Avi Nissenkorn said the dispute was approved by the Labor Federation’s central committee in order to deal with “the severe ongoing unemployment crisis” in the region, and in particular the threat by ICL management to fire 140 workers. The declaration means that a general strike can be implemented in two weeks. In the meantime, strikes are already in place at ICL subsidiaries Dead Sea Bromine Compounds and Dead Sea Works.

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