American Vanguard Corporation is a publicly traded company specializing in agricultural chemicals and specialty products, serving agricultural, professional pest management, and industrial markets.

# Summary of American Vanguard Corporation

**Overview:**
- American Vanguard Corporation is a publicly traded company registered on the New York Stock Exchange under the symbol **AVD**.
- Incorporated in Delaware with IRS Employer Identification Number 95-2588080.
- Principal Office: 4695 MacArthur Court, Newport Beach, California 92660.
- Contact Phone: (949) 260-1200.

**Business Activities:**
- The company operates in the agricultural chemicals and specialty products sector, producing and marketing crop protection solutions, pest control products, and other agrochemical solutions.
- It offers a range of products to agriculture, professional pest management, and industrial markets.

**Securities and Market Data:**
- Common Stock par value of $0.10 per share.
- As of June 30, 2024:
  - Market Value of outstanding voting stock held by non-affiliates: **$240.6 million**.
  - Closing stock price: **$8.60 per share**.
  - Shares outstanding: **34,655,429**.
- As of March 5, 2025:
  - Outstanding shares: **28,266,826**.

**Filings and Compliance:**
- The company is not a "well-known seasoned issuer".
- It is a large accelerated filer and has filed all required reports during the past 12 months.
- It submits electronic Interactive Data Files.
- It has internal control over financial reporting confirmed by an independent registered public accounting firm.

**Financials:**
- No specific revenue, net income, or number of customers or employees are provided in this document.
- The company’s focus in the filing is on legal, governance, and compliance-related disclosures.
  
**Employees & Customers:**
- The document does not specify the number of employees or customers.

**Additional Notes:**
- The company's filings include amendments, exhibits, and certifications related to governance, financials, and contractual agreements.
- The company’s subsidiaries, stock incentive plans, and various amendments to loan agreements are documented in the filings.

**In Summary:**
American Vanguard Corporation is a chemical and pest control product manufacturer serving agricultural, industrial, and professional markets, with a significant market capitalization and a history of comprehensive regulatory filings. Specific operational metrics like revenue, employee count, or customer numbers are not provided in this excerpt.

American Vanguard Corporation (AVD) is a holding company focused on the manufacturing and distribution of agricultural, chemical, biological, and biorational products aimed at enhancing human and environmental health.

# Company Overview: American Vanguard Corporation (AVD)

## General Description
American Vanguard Corporation (AVD) operates as a holding company with principal operating subsidiaries focused on manufacturing and distributing chemical, biological, and biorational products for agricultural, commercial, and consumer use. The company develops and markets a diverse range of solutions aimed at protecting crops, turf, ornamental plants, and human and animal health.

### Key Products and Services
- **Products**: AVD synthesizes and formulates agricultural chemicals, including:
  - Insecticides
  - Fungicides
  - Herbicides
  - Soil health and plant nutrition products
  - Biorational products
  - Growth regulators
  - Soil fumigants
  - Molluscicides
- **Delivery Systems**: The company has developed closed delivery systems such as:
  - SmartBox
  - Lock ‘n Load
  - EZ Load
  - SIMPAS (delivers multiple products at varying rates in a single pass)

## Business Segments and Operations
- **Domestic Operations**: The company operates primary manufacturing facilities in the U.S. through its subsidiary AMVAC Chemical Corporation.
- **International Operations**: AVD conducts business through subsidiaries in various countries, including AMVAC BV in the Netherlands, AMVAC Hong Kong, AMVAC Mexico, AMVAC de Costa Rica, and AgriCenter in Central America, among others.

### Customer Base
- AVD serves various customers including large national distributors, retailers, growers, and end-users. 
- **Top Customers**: In 2023, the largest three customers accounted for 37% of the company's sales.

## Key Financials (2023)
- **Employees**: 845 employees as of December 31, 2023 (up from 822 in 2022).
- **Revenue**: Approximately $578,000 (with $234,855 from international sales, representing 40.5% of net sales).
- **Product Development and Registration Expenses**: 
  - Totaling $21,833 for 2023, which includes:
    - Registration: $14,498
    - Product Development: $7,335

## Growth and Expansion
- AVD has pursued growth through acquisitions and has a significant focus on developing new formulations and technologies. 
- Recent acquisitions include:
  - **Punto Verde**: Acquired on October 5, 2023, a distributor of agricultural products in Ecuador.
  - **American Bio-Systems, Inc.**: Acquired certain assets related to microbial cleaning products on January 4, 2023.

## Competitive Position and Market
- AVD competes largely against both domestic and international manufacturers, positioning itself in niche markets and emphasizing quality, efficacy, and customer support in its competitive strategy.
- The company operates in a cyclical agricultural chemical market that is primarily affected by seasonal demand, weather conditions, and growing patterns.

## Environmental and Sustainability Efforts
- AVD is committed to minimizing environmental impacts through energy efficiency, waste reduction, and sustainable practices as outlined in its Corporate Sustainability Report.

## Regulatory Compliance
- The company's products require registration with the U.S. Environmental Protection Agency (USEPA) and similar authorities globally, ensuring compliance with rigorous safety and environmental standards.

## Conclusion
American Vanguard Corporation positions itself as a key player in the agricultural and chemical markets, leveraging its diverse product lineup, strong customer relationships, and a focus on innovation and environmental stewardship to drive business growth and address market needs.

AMERICAN VANGUARD CORP

10-K / June 2, 2025

10-K / March 28, 2024

10-K / June 2, 2025

Summary of American Vanguard Corporation