Dakota Growers Pasta Company, Inc.
- 1 Pasta Ave
- Carrington, North Dakota
- 58421
- Phone: (701) 652-2855
- Fax: (763) 536-0100
- Website
Description
Dakota Growers Pasta Company, Inc.'s board of directors has authorized the payment of 4 cents per share dividend on its Series D Delivery Preferred Stock and a non-periodic dividend payment of 4 cents per share on its common stock, both payable on January 10, 2006 to shareholders of record as of December 19, 2005.Owners of Series D Delivery Preferred Stock have a delivery right, but not a delivery obligation, to deliver up to 1 bushel of durum wheat per share to the Company. As demands increase for specified quality, traceability and food safety, the Company continues to expand its grower contracts and supply arrangements to meet these requirements. Working directly with its holders of Series D Delivery Preferred Stock is an important element in the Company's procurement program.The Company also announced that Dakota Growers' Agronomy Department has been working in cooperation with WestBred LLC of Bozeman, Montana, as well as directly with Dr. James Quick, formerly with Colorado State University , on durum variety development to improve the durum quality and disease resistance. To date, two promising varieties have been released.
Fact sheet
Company contacts
- Eldon Buschbom
- VP
- Edward Irion
- President
- Robert Vitale
- Vice President
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