Monsanto Company. (Marketing News).
Monsanto Company, St. Louis, announced a new $500 million financing
program for its key U.S. distributors, developed in cooperation with
Bank One. Under the program, Monsanto will refer its interested U.S.
distributors to a lending company administered by Bank One to fund their
purchases of Monsanto products at attractive interest rates. "This
program will provide participating distributors with lower financing
costs as compared with other typical programs available to them,"
said Carl Casale, vice president of Monsanto's North American
operations. Casale said this program also offers distributors extended
terms.
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