STOCK TITAN

Neogen, FFA Announce 2023 Sponsorship Agreement

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Neogen Corporation has renewed its partnership with the National FFA to support the 2023 Supervised Agricultural Experience (SAE) Grants. Under the agreement, Neogen will donate $2 for every bottle of Prozap StandGuard Pour-On sold, with a total contribution cap of $250,000. The program aims to provide $1,000 grants to FFA members, fostering agricultural education and leadership. Neogen emphasizes its commitment to supporting future leaders in agriculture, showcasing its dedication to community involvement and youth development.

Positive
  • Renewed partnership with National FFA to support 2023 SAE Grants.
  • Potential maximum contribution of $250,000 to FFA programs.
  • $1,000 grants to assist students in agricultural education.
Negative
  • None.

Organizations continue their partnership to benefit FFA's 2023 SAE Grants

LANSING, Mich., Nov. 1, 2022 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that it has renewed its partnership agreement with National FFA that will support the organization's 2023 Supervised Agricultural Experience (SAE) Grants.

Under the terms of the agreement, Neogen will donate $2 to the National FFA Foundation for any size bottle of Prozap® StandGuard® Pour-On horn fly and lice control solution, as well as each StandGuard floor display that is sold from November 1, 2022, through May 31, 2023, up to a total of $250,000. StandGuard Pour-On is a powerful, low-dose, and easy-to-use treatment that provides season-long lice control for beef cattle with one application.

"The National FFA Organization is an excellent ambassador for youth in the science, business, technology, and agriculture industries and Neogen is proud to continue supporting these future leaders," said John Adent, Neogen's President and Chief Executive Officer. "The $1,000 grants that this partnership will support help students and their chapters as they continue to pursue new knowledge across these industries."

"We are grateful for Neogen's continued support of FFA and investment in our members," said Molly Ball, President of the National FFA Foundation and Chief Marketing Officer of the National FFA Organization. "By helping fund these grants, Neogen is providing FFA members with the resources needed to develop an exemplary SAE and gain hands-on experience that will prepare them for career success."

About National FFA Organization

The National FFA Organization is a school-based national youth leadership development organization of more than 850,000 student members as part of 8,995 local FFA chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education. For more, visit the National FFA Organization online at FFA.org and on Facebook and Twitter.

About National FFA Foundation

The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that recognize FFA member achievements, develop student leaders and support the future of agricultural education. A separately registered nonprofit organization, the foundation is governed by a board of trustees that includes the national FFA president, educators, business leaders and individual donors. For more, visit FFA.org/Give.

About Neogen

Neogen Corporation develops and markets comprehensive solutions dedicated to food and animal safety, operating with the intention to "Every day, protect the people and animals we care about." The company's Food Safety segment markets dehydrated culture media and diagnostic test kits to detect foodborne bacteria, natural toxins, food allergens, drug residues, plant diseases, and sanitation concerns. Neogen's Animal Safety segment is a leader in the development of genomic solutions along with the manufacturing and distribution of a variety of animal healthcare products, including diagnostics, pharmaceuticals, veterinary instruments, wound care, and disinfectants, as well as rodent and insect control solutions.

CONTACT:

Coyee Hunt, Product Manager, Insect Control


800.621.8829, CHunt@Neogen.com

 

Cision View original content:https://www.prnewswire.com/news-releases/neogen-ffa-announce-2023-sponsorship-agreement-301664577.html

SOURCE NEOGEN Corporation

FAQ

What is Neogen's involvement with FFA in 2023?

Neogen has renewed its partnership with FFA to support the 2023 SAE Grants, donating $2 for each bottle of Prozap StandGuard sold.

How much will Neogen donate to FFA programs?

Neogen will donate up to $250,000 through its partnership with FFA.

What are the SAE Grants provided by Neogen and FFA?

The SAE Grants are $1,000 grants designed to help FFA members develop leadership skills through agricultural education.

When does the Neogen donation campaign for FFA run?

The donation campaign runs from November 1, 2022, to May 31, 2023.

Neogen Corp

NASDAQ:NEOG

NEOG Rankings

NEOG Latest News

NEOG Stock Data

2.63B
216.12M
0.27%
119.34%
10.67%
Diagnostics & Research
In Vitro & in Vivo Diagnostic Substances
Link
United States of America
LANSING