Ag-Bag International Limited Announces Hiring of Chief Operating Officer.Business Editors WARRENTON, Ore.--(BUSINESS WIRE)--Feb. 28, 2002 Ag-Bag International Limited (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGBG) announced today that the Company has recently hired Michael J. Schoville as the Company's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Michael comes to Ag-Bag with 29 years of sales and finance experience working with John Deere and Company; 16 years of which were with John Deere Credit in a variety of positions such as Division, Project and Market Development manger, and 13 years working in the East Moline, Illinois East Moline is a city in Rock Island County, Illinois, United States. The population was 20,333 at the 2000 census. Geography East Moline is located at (41.511940, -90.435203)GR1. sales division selling agriculture equipment. Michael has a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. from St. Ambrose University and received his bachelor's degree in business administration from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. . In a related development, the Company is pleased to announce that it recently hired Daryl Hammer as the Manger of Field Technical Services. Daryl comes to Ag-Bag after 24 years with Pioneer Inc. as a livestock nutrition specialist, bringing with him extensive experience in providing sales leadership and product line positioning for the livestock industry. Daryl received his bachelor's degree in agriculture business and economics from Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. . Larry Inman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ag-Bag International stated, "We are very excited to have both Michael and Daryl joining our Ag-Bag team. We look forward to the positive contributions, experience and knowledge of the industry that they bring to the Company. We feel that their addition to the Ag-Bag team will take the Company to a new level in our industry and provide us with the resources we need to continue to grow and move the Company forward." Ag-Bag International Limited is a Northwest company headquartered in Warrenton, Oregon Warrenton is a city in Clatsop County, Oregon, United States. The city is named for D.K. (Daniel Knight) Warren, an early settler. The population was 4,096 at the 2000 census. with a second major facility located in Blair, Nebraska. The Company, through its international operations, manufactures and sells to the agricultural industry its farm feed management systems for the high moisture storage of silage silage (sī`lĭj) or ensilage (ĕn`səlĭj), succulent, moist feed made by storing a green crop in a silo. The crop most used for silage is corn; others are sorghum, sunflowers, legumes, and grass. and grains. The Company also provides services within the area of composting. The discussion in this press release contains forward-looking statements that involve risks and uncertainties and various factors that could cause actual results to differ materially from those projected. Forward-looking statements relate to future sales of the Company's products for farming and composting systems. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: timing of demand for bagging machines and bags; reductions in U.S. milk prices; availability of credit in the farming sector; potential purchases of the Company's bagging machines, bags and composting systems; anticipated inventory production; the availability of trade credit and working capital; and the Company's dependence on the dairy industry, and the risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. Actual results may differ materially from the forward-looking statements. |
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