In January 2017, EGG signed a supply-purchase agreement with Lamb Weston, one of America`s leading food companies. The company, one of the largest food enterprises in the US, mainly produces processed and frozen food. Some of the products include processed potatoes not only for domestic usage but also for restaurants and food service businesses. Under the agreement, EGG will provide seed potatoes to the company. The company focuses on reducing the overall cultivation period for commercial potatoes by using EGG`s products. The more detailed terms and conditions will be discussed further in the near future.
Recently EGG got purchase orders of 35 million of MCTs from big farmers’ associations for seed farming in 2020 and it will generate $60 million of sales revenue. These potato farms have tried EGG’s seed for last couple of years.