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PebbledsPicks (59.94)

February 2010



February 2010: Landec Corp. (LNDC)

February 26, 2010 – Comments (2) | RELATED TICKERS: LNDC

Landec Corporation engages in the design, development, manufacture, and sale of temperature-activated and other specialty polymer products for various food products, agricultural products, and licensed partner applications in the United States. The company'’s polymer products are based on its proprietary Intelimer polymers, which could be customized to abruptly change their physical characteristics when heated or cooled through a pre-set temperature switch. It operates in three segments: Food Products Technology, Commodity Trading, and Technology Licensing. The Food Products Technology segment markets and packs produced and specialty packaged fresh-cut vegetables utilizing fresh-cut produce processing technology and access to specialty packaged produce products to distribute in the retail grocery chains, club stores, and to the foodservice industry. The Commodity Trading segment involves in the purchase and sale of primarily whole commodity fruit and vegetable products to Asia. The Technology Licensing segment licenses and supplies Intellicoat, a proprietary seed coating technology to the farming industry, as well as Intelimer polymers technology for personal care products and other industrial products. The company was founded in 1986 and is based in Menlo Park, California.  [more]

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