Quality Technology International (QTI) Inc. announced this week that, effective April 1, it has sold its non-genetically modified organism (GMO) soybean business to Consolidated Grain & Barge (CGB), a leader in the grain and transportation industries.
QTI has been in the non-GMO soybean business for more than 20 years but said the action is the result of changing markets in this area as well as demand for antibiotic-free alternatives.
“This divestiture allows QTI to sharpen our focus and concentrate our resources on the demands of our rapidly growing Animal Health & Nutrition division,” QTI president and chief executive officer Troy Lohrmann said. “The immediate and foreseeable future calls for new and novel solutions in antibiotic-free production alternatives. We see this as our main focus of customer need and opportunity.”
QTI is a recognized leader in providing natural gut health products for conventional, organic and antibiotic-free production.