AgraCo Technologies International LLC, traces its roots to Agway, Inc., a multi-billion dollar agricultural cooperative founded in 1964, and headquartered in Syracuse, New York. Stretching from Maine to Maryland, Agway, through many small companies, existed to support the numerous small farms of the Northeastern United States with agricultural products, new agricultural technologies, and a multi-state produce distribution system. Faced with a decline in membership from the aggregation or elimination of many small farms, Agway liquidated the assets of a number of its holdings, including those of CPG Technologies (CPG). In late 2000, David Webster, the former President & CEO of CPG, was offered the opportunity to purchase CPG's ethylene removal line of business, which included Extend-a-LifeTM filters and Produce & Floral SaverTM sachets.
The Company's initial mission was not only to sell ethylene removal products, but to identify and market a wide range of unique agricultural technologies. One of the company's central tenets continues to be the firm belief that the US scientific community is continually inventing many new products which all too quickly become "orphans". Without entrepreneurial support, these valuable, and many times, elegantly simple products, never reach market. This then has been one of the primary elements of the original AgraCo business plan - to establish a US and an international customer base, and to supply these customers with products that are environmentally friendly, simple to use, and effective. These products include those generally employed in the US and international agricultural business sector, but which also might have significant consumer applications.
Military sales have buoyed the company from its beginning, and have provided additional revenues from some unexpected events, such as the sale of 7,500 fly traps to a deployed Marine Division in Iraq, followed by similar purchases by other military units. These sales, along with sales of ethylene filters to the US Navy have been a key factor in the Company's growth since 2001.
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