What are the growth opportunities and challenges Landec will likely face over the next 24 months?
Landec’s growth opportunities • Increase Apio’s value-added revenues from customer expansion and new product introductions while managing gross margin pressures. • Increase the sales of our BreatheWay® packaging by continuing to work closely with Chiquita on bananas, avocados and mangos, and by commercializing new uses of Apio’s BreatheWay packaging technology with Chiquita and other partners such as Breakthrough Solutions LLC in South America. • Continue to work closely with Air Products to expand the use of our Intelimer polymer technology in the personal care and thermoset catalyst fields. • Advance our Intelimer polymer technology program with Monsanto focused on specific applications of seed treatments. • Acquire and/or invest in at least one company that has technology and products that are synergistic with our Intelimer polymer technology and/or channels of distribution. • Continue to explore further licensing and partnering collaborative agreements for our Intelimer polymer tec