As part of the agreement, Co-Alliance’s Chief Technical Officer (CTO) and Chief Finance Officer (CFO), who have over 50 years’ combined experience, have been appointed Special Advisors to IAG to help nurture sustainable growth and strong returns for all our stakeholders.
Co-Alliance will be working closely with IAG to further develop Agri-Tech installations across the Midwest, with a particular focus on the state of Indiana, which has over 56,000 private farming operations.
The Midwestern states together represent one of the most intense areas of agriculture in the world. This area is not only critically important for the US economy, but also for world exports of grain. However, the industry is facing increasing pressures from the rising temperatures and volatile precipitation associated with climate change. Hotter summers and heavier rains are reducing workable field days, and crop production is falling.
There is therefore significant demand for precision solutions that will help farmers in the Midwest overcome these challenges. IAG will be working with Co-Alliance to offer our innovative technologies across these key states, and ultimately help us penetrate the US market more broadly.