Landec Corporation - LNDC- Profile

Landec Corporation. The Group's principal activity is to design, develop, manufacture and sell temperature-activated and other specialty polymer products. It operates in two segments: Food Products Technology and Agricultural Seed Technology. Food products technology segment markets and packs produce and specialty packaged fresh-cut vegetables that incorporate the Intelimer packaging technology for the fresh-cut produce industry. Agricultural seed technology segment markets and distributes hybrid seed corn to the farming industry and is developing seed coatings using the proprietary Intelimer (R) polymers. It also operates a Technology Licensing/Research and Development business that licenses products outside its business to leading industries. It operates in the United States. On 29-Aug-2005, it acquired Heartland Hybrids Inc. Food Products Technology acctd for 84% of fiscal 2006 revenues; Agricultural Seed Technology, 15% and Corporate and Other, 1%