BAKERSFIELD, CA - Sun World International LLC has announced that it is looking to drive growth with the launch of its new entity Sun World Innovations.
Chief Executive Officer Merrill Dibble stated in a press release that Sun World Innovations will look to drive, in particular, the company’s fruit breeding/variety development, licensing, international investments and agriculture technology pursuits.
According to Sun World, Executive Vice President David Marguleas will also serve as President of the new entity.
“Crop input, water, harvest and labor efficiencies, along with fruit and vegetable breeding, are among the opportunities that Sun World Innovations will explore,” Marguleas stated. "Sun World Innovations will harness its deep, hands-on horticultural knowledge and expertise in existing and new ag technologies, and the international licensee platform we’ve built with growers and marketers around the world, to provide innovative solutions to real challenges faced by the ag sector worldwide. Sun World's industry-leading agronomic skills, coupled with our owner’s expertise in the sustainable water, agriculture and energy sectors, make for a powerful combination to achieve this."
In addition to guiding its own Intellectual Property and licensing activities, Sun World Innovations will reportedly guide the Los Angeles-based firm Renewable Resources Group’s (RRG) broader agricultural, technology, and international interests.
"The opportunities in agriculture today are both exciting and promising," Cole Frates and Ari Swiller, RRG’s Co-Founders, said. "In creating Sun World Innovations, the company is focusing a talented, dedicated team on initiatives crucial to making the most of them, just as Sun World has for decades."
This is the latest chapter in a long history for Sun World, which has become a longstanding U.S.-based producer and marketer of fresh fruit since its inception in the mid-1970s. In addition to its own California properties, Sun World and/or its licensees grow table grapes and stonefruit all over, with proprietary varieties in Australia, New Zealand, North America, Europe, South America, Israel, and South Africa.
