PRESS RELEASES 11/27/2012 5:13:00 AM | Canada News Wire

Premier Tech signs a strategic alliance with J.D. Irving


RIVIÈRE-DU-LOUP, QC, Nov. 27, 2012 /CNW Telbec/ - Premier Tech is pleased to announce the signature of a strategic alliance between its Business Unit Premier Tech Home and Garden (PTHG) and Juniper Organics Limited (JOL), a New Brunswick-based subsidiary of Canadian company J.D. Irving, Limited.

This agreement aims to combine the two companies' skills and strategic assets. J.D. Irving, Limited is developing its peat bogs in Juniper, New Brunswick, and was looking for a partner that could provide both the technologies and skills required to produce soils, and access to the Maritimes' gardening retail market. Under these conditions, Premier Tech was the ideal partner, since PTHG is the Canadian leader in this market, while another of its Business Units, Premier Tech Chronos, is the world leader in the design and construction of soil production plants.

JOL began production at the new facility in August and employs twelve people. The company plans to grow both these markets and employment on the site as it undertakes its first supply of quality gardening products to the market this coming spring.

"Such an alliance between two renowned Canadian companies once more highlights the convergence and strategic complementarities of Premier Tech's various business groups," explained Jean Bélanger, Premier Tech's President and Chief Operating Officer. The execution and deployment of this alliance will allow PTHG and JOL to collaborate as of spring 2013 to better serve the major Canadian retailers of the Maritimes' amateur gardening sector.

CORPORATE PROFILE

For close to 90 years, Premier Tech has been building its know-how and reputation on the expertise and synergy of its three groups - Horticulture and Agriculture, Industrial Equipment and Environmental Technologies. They have one mission: to become technological and commercial leaders in their respective industries. Driven by a multidisciplinary team of over 2 300 people located in the Americas, Europe and Asia, Premier Tech focuses on the development of its team members, on Innovation, and on the introduction of value-added products and services to support its long-term growth.

SOURCE: Premier Tech



For further information please contact:

France Bégin Parent
Public Relations Supervisor
Premier Tech
Phone: 418 867-8883 ext. 6059
E-mail: communications@premiertech.com



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