November 29, 2016
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Newport Beach-based American Vanguard Corp. (NYSE: AVD) reported third quarter sales climbed 24% to $111.8 million while net income jumped 60% to $6.5 million.
Newport Beach-based chemicals maker American Vanguard Corp. earned $5.6 million in quarterly net income, up from $4.3 million year-over-year, on revenue of $107 million, up from $78 million.
American Vanguard Corp. in Newport Beach said its AMVAC Chemical Corp. subsidiary would help pay for research at Harvard University “to develop and potentially commercialize” technology aimed at killing the mosquito that spreads the Zika and other viruses.