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03/03/2010
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NutraCea Announces Promotion Of Leo G. Gingras To President
William J. Cadigan Elected Chief Financial Officer
Kody Newland Signs New Employment Contract
PHOENIX, AZ, March 3rd, 2010 —NutraCea (NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced that the Company’s Board of Directors promoted Leo G. Gingras to President on February 25, 2010. Gingras will retain his title of Chief Operating Officer.
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02/16/2010
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Nutracea Announces Sale Of Non-Core Cereal Ingredients Business
PHOENIX, AZ, Ferbuary 16, 2010 —NutraCea (NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced that it has signed an asset purchase agreement to sell NutraCea's existing cereal ingredients business and certain related equipment to Kerry, Inc. ("Kerry"), a global food ingredients company in a transaction valued at approximately $3.9 million plus the actual cost of NutraCea's inventory related to its cereal ingredients business. The assets to be sold include certain equipment located in NutraCea's Phoenix plant as well as related customer and supplier lists and purchase orders related to the cereal ingredients business. Neither the Phoenix plant nor any of the manufacturing assets located in the Company's Dillon, Montana facility are included in the transaction.
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01/15/2010
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NutraCea Announces Reduction In Workforce In U.S. Operations
Approximately 17% of Employees Impacted
PHOENIX, AZ, January 15, 2010 —NutraCea (NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced a 17% reduction in its U.S. workforce as part of management's continuing efforts to improve the company's cost structure. The reduction, which is anticipated to save NutraCea approximately $1 million annually, does not impact the workforce at Irgovel, NutraCea's Brazilian subsidiary.
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12/07/2009
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NutraCea Announces Results Of Annual Shareholders Meeting
PHOENIX, December 7, 2009 —NutraCea (NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced the results of a meeting of the Board of Directors and of its annual Shareholders Meeting, which was held in Phoenix on Friday, December 4, 2009.
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