Company Overview of ArborGen Inc.
ArborGen Inc. develops biotechnology tree seedling products for commercial forestry industry worldwide. It offers loblolly, slash, longleaf, and radiata pine seedlings for wood, fiber, and energy; and hardwood species, including eucalyptus, oak, elm, and birch and black walnut for papermakers, as well as for the aesthetics of grained and wood for furniture, lumber, and veneers. The company also provides breeding techniques for pine seedlings. In addition, it develops biotechnology products, which include freeze tolerant tropical eucalyptus, short rotation populus, short rotation loblolly pine, short rotation eucalyptus, and pulping tropical eucalyptus, as well as next generations of MCP and ...
2011 Broadbank Court
Ridgeville, SC 29472
Founded in 2000
Key Executives for ArborGen Inc.
Chief Executive Officer, President and Director
Director of Human Resources
Vice President and General Manager of US Operations
General Manager of Brazilian Operations
Compensation as of Fiscal Year 2016.
ArborGen Inc. Key Developments
ArborGen to Pay $81 Million in Compensation and Damages
Jan 10 16
ArborGen must pay $81 million in compensation and damages after a US court found it used trickery and deceit to defraud workers out of a lucrative incentive package. Nine former employees of seedlings company ArborGen were tricked into accepting a revised long-term incentive plan that cut their combined compensation package by around 90% after the company began to grow, a South Carolina lower court judge found. The lawsuit filed in 2010 against ArborGen alleged that company board members used 'deception, misplaced trust and pressure tactics' to convince employees to join the less valuable incentive plan.
ArborGen Inc. Presents at EIGHTH International Woodfiber Resource and Trade Conference, Nov-02-2015
Oct 30 15
ArborGen Inc. Presents at EIGHTH International Woodfiber Resource and Trade Conference, Nov-02-2015 . Venue: Savannah International Convention Center, Savannah, Georgia, United States.
Rubicon Reiterates ArborGen's Listing Plans
Dec 5 14
Rubicon Limited (NZSE:RBC) reiterated plans for an initial public offer for ArborGen Inc. as it laments its languishing share price. "To be clear, it is not a question of whether ArborGen can be IPO'd - unquestionably it can be," Fletcher said, "Rather it is a matter of choosing the optimal mix of equity market conditions and business progress to execute an IPO of the company - to set an appropriate initial value of the company, at minimum dilution to existing shareholders, and to raise sufficient capital to secure its future growth." "If Rubicon had surplus cash today we would immediately undertake an on-market share buyback programme to correct the situation - it would overwhelmingly be the best use of our cash," Fletcher said, "However at the moment our hands are tied, as we need to preserve all our cash for on-going investment into ArborGen."
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