Clean Seed Capital Group has entered into an agreement to lease a new custom build facility at Saskatoon, Sask.
The flagship 16,000 square foot facility will be home to the assembly of the SMART Seeder MAX-S and related electronics systems, and will serve as the sales and customer experience infrastructure, and provide dealer support and related research and development activities.
Clean Seed also says they will be hiring a new labour force during the next twelve months for the facility to scale pending customer demand for the new SMART Seeder MAX/MAX-S.
Clean Seed also became a member of the Saskatchewan Trade and Export Partnership (STEP), which champions Saskatchewan’s export-based businesses, and assists provincial businesses with global marketing opportunities.
The company says it will have the ability to initiate a benefit under the Saskatchewan Commercial Innovation Incentive (SCII) program, noting Clean Seed was the first company approved for the patent box SCII program, as approved by the Saskatchewan Ministry of the Economy. The incentive allows Clean Seed to reduce its provincial income tax rate from 12 per cent to six per cent for 15 years commencing anytime at their discretion.
“We look forward to setting up operations in the heart of the Canadian prairies, providing a central location for our operations team on the ground,” says Graeme Lempriere, CEO. “This latest milestone further demonstrates our unwavering commitment to the launch of our award-winning smart seeding and planting technologies and is representative of a dynamic and highly productive time for our organization.”