Quarterlytics / Basic Materials / Agricultural Inputs / American Vanguard Corporation / FY2013 Annual Report

American Vanguard Corporation
Annual Report 2013

AVD · NYSE Basic Materials
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Sector Basic Materials
Industry Agricultural Inputs
Employees 845
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FY2013 Annual Report · American Vanguard Corporation
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HERBICIDES
CORN SOIL INSECTICIDES

FUMIGANTS

NON-CROP INSECTICIDES

NON-CROP INSECTICIDES

INSECTICIDES

amERICan VanGUaRD 2013 annUaL REPORT

SUSTAINABLE GROWTH   THROUGH  INNOvATION ANd dIvERSIfIcATIONDear Shareholders,

During 2013, American Vanguard 
undertook several dynamic initiatives 
to ensure our future growth. The 
examples shown below illustrate the 
essential role technological innovation 
and market diversification efforts play in 
achieving sustainable, highly-profitable 
business performance. 

This year our strong commitment to innovation in product 
development and formulation has yielded several important 
new offerings. These include the development of liquid soil 
insecticides and highly concentrated granular soil insecticides. 

We also commercialized a new potato growth regulator and a 
unique, superior potato sprout inhibitor. 

AMVAC has embarked on a game-changing initiative to 
enhance the capabilities of our closed-delivery equipment. 
We intend to provide growers with a proprietary, time-saving 
system for applying comprehensive seed treatments at 
the time of planting — using an advanced version of our 
SmartBox® technology. This state-of-the-art innovation will 
allow growers to selectively apply crop protection and plant 
nutrient inputs in a prescription planting approach to maximize 
harvest yields while minimizing application time.

InnOVaTIOn In PRODUCT DEVELOPmEnT
AMVAC has expanded its product development 
capabilities with additional technical personnel 
and high-tech analytical equipment at the 
Glenn A. Wintemute Research Center in 
Los Angeles. These resources have facilitated 
the formulation and commercialization of a 
number of new products and assisted in the 
continuous improvement of our chemical 
manufacturing processes. Our new liquid soil 
insecticides are a shining example of this 
world-class proficiency. 

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DIVERSIfIED maRKET PaRTICIPaTIOn
AMVAC provides Yield Enhancement Solutions 
(YES) for many different crops worldwide. 
We participate in niche markets that are often 
under-served by our larger competitors and 
we capitalize on our ability to satisfy many 
crop protection requirements not adequately 
addressed by other methods, such as genetically 
modified seed technology. Through acquisition, 
licensing , technology development and 
international expansion, we will continue to grow 
our product offering and global market presence.

Visit us at www.amvac-chemical.com 

or scan this QR code for instant access. 

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ENHANCING OUR INDUSTRY-LEADING POSITIONSWe continue to emphasize diversification in the number of 
crops that we protect and the number of geographic regions 
that we serve. While much of the Company’s recent growth 
has been driven by our U.S. corn franchise, it is important to 
recognize that we participate in a wide range of crops and are 
dedicated to expanding our global market presence. 

The Company has also invested in new, non-synthetic chemical 
technology that uses natural oils formulated to provide 
consumer pest control sprays, insect repellents and other 
products that are extremely safe and easy to use. This non-
agricultural diversification offers many potential opportunities 

for the formulation of synthetic and non-synthetic chemical 
combinations that could provide a lighter chemical footprint 
and play a significant role in our future growth.

AMVAC’s Yield Enhancement Solutions contribute significantly 
to increasing agricultural productivity. Our focus on innovation 
and diversification positions us to achieve sustainable growth 
and increased enterprise value. We appreciate the support of 
our customers, business partners and equity shareholders as 
we drive American Vanguard toward a very promising future.

Eric G. Wintemute
Chairman, Chief Executive Officer

PRESCRIPTIOn PLanTInG TECHnOLOGY
Building on our industry leading SmartBox® 
closed-delivery equipment technology, AMVAC 
is developing an advanced system for the 
deployment of multi-functional crop protection 
and plant nutritional products. This “Smart 
Integrated Multi-Product Precision Application 
System” (SIMPAS) has the potential to become 
the industry standard for providing prescription 
seed treatments at the time of planting. We 
expect to be a leader in taking precision 
agriculture to the next level.

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COnSUmER PEST COnTROL PRODUCTS
For many years, AMVAC has provided proven 
chemical products that set the industry 
standard for safeguarding public health 
through mosquito abatement and commercial 
pest control management. The Company is 
expanding this segment by investing in a 
unique, non-synthetic chemical technology 
that uses naturally occurring raw materials 
to formulate highly-effective consumer pest 
control products. These products show great 
potential to satisfy the growing demand for 
environmentally safe and consumer-friendly 
household pest control treatments.

ENHANCING OUR INDUSTRY-LEADING POSITIONS   
DIRECTORS

Eric G. Wintemute
Chairman
Elected in 1994

Carl R. Soderlind
Elected in 2000

Lawrence S. Clark
Elected in 2006

John L. Killmer
Elected in 2008

Alfred F. Ingulli
Elected in 2010

Esmail Zirakparvar
Elected in 2010

Debra Edwards
Elected in 2011

Morton D. Erlich
Elected in 2013

Scott D. Baskin
Elected in 2014

OffICERS

American Vanguard Corporation
Eric G. Wintemute
Chief Executive Officer

David T. Johnson
Vice President
Chief Financial Officer
Treasurer

Timothy J. Donnelly
Chief Administrative Officer
General Counsel
Secretary

AMVAC Chemical Corporation
Glen D. Johnson
Senior Vice President
Director of Business Development  
& Marketing

Cindy Baker-Smith
Senior Vice President
Director of Global Regulatory 
Affairs & Product Development

Jim Lehman
Vice President
Director of Sales

John Rizzi
Vice President
Director of Manufacturing

Johann Venter
Vice President
Director of Technology

GemChem, Inc.
Robert F. Gilbane
President

AMVAC Netherlands BV
Ad de Jong 
Managing Director

History and Heart. Purpose and Vision.

The AMVAC brand represents a history of 
comprehensive experience and relentless 
commitment to the cultivation of our land, our 
products and our people. We are dedicated 
to improving agricultural productivity, 
safeguarding public health and making a 
positive contribution to the world around us.

CORPORaTE InfORmaTIOn

Executive Offices

Operating Subsidiaries

American Vanguard Corporation
4695 MacArthur Court
Suite 1200
Newport Beach, CA 92660
(949) 260-1200

Domestic: 
AMVAC Chemical Corporation
4100 East Washington Blvd.
Los Angeles, California 90023

International: 
AMVAC Netherlands B. V. 
Kokermolen 5
3994DG Houten
The Netherlands

Investor Relations

William A. Kuser
Director of Investor Relations
and Corporate Communications
(949) 260-1200

Independent Auditors

BDO USA, LLP
Los Angeles, California

Annual Meeting
The Annual Meeting of American Vanguard Corporation’s 
stockholders will be held at the Renaissance Long Beach 
Hotel located at 111 East Ocean Blvd, Long Beach, 
California 90802 on Wednesday, June 4, 2014 starting at 
11:00 a.m. Stockholders of record at the close of business 
April 15, 2014 are entitled to notice of, and to vote at, 
the Annual Meeting. Stockholders who plan to attend the 
Annual Meeting are encouraged to RSVP using the contact 
information shown on the front page of the proxy statement.

Form 10-K 
Additional copies are available to stockholders, without cost, 
upon written request to the Chief Financial Officer of the 
Company at 4695 MacArthur Court, Suite 1200, 
Newport Beach, California 92660.

©2014 American Vanguard Corporation

Proudly Made in the USA

American Vanguard believes in contributing 
to a sustainable planet. This annual report is 
printed on recycled paper from responsibly 
managed sources.