NEW YORK--(BUSINESS WIRE)--Palindromes, Inc., a newly formed international holding company with interests in agriculture, trade and logistics, building materials, and other basic commodities, today announced its official launch at a press event in New York. Chairwoman and CEO Karla Klingner introduced the company’s management team and board of directors, as well as its first portfolio acquisitions and other collaborative partners.
Palindromes’ mission is to leverage the strengths of regional economies and elevate those strengths into the global marketplace. Our mission will improve transparency among buyers and sellers, build strong, stable regional economies, and revitalize rural economies.
“At present the global commodities market appears to be in a period of great tumult and uncertainty,” said Karla Klingner. “In reality, the global market is experiencing an overdue market correction that is ripe with opportunity, and Palindromes, in combination with its portfolio of partner companies, will leverage those new market opportunities to the benefit of both producers and consumers, consistent with our mission.”
In conjunction with the company launch, Klingner announced the signing of letters of intent with Palindromes’ first acquisitions; Palindromes will be taking a majority stake in Schillinger Genetics LLC, a company that specializes in agricultural seed genetics such as soybeans, and a controlling stake in Hope Ventures, an integrated model for functional food and feed.
Palindromes also announced a collaborative partnership with Dr. Per Anderson, Chief Technology Officer and President, Switzerland of Emerging Composite Products LLC. Together Dr. Anderson and Palindromes will develop new frameworks for intellectual property profit sharing models, navigating technology transfers and licensing agreements. These will be applied to future developments such as cement optimization.
Palindromes, Inc. has announced the following members to its Board of Directors:
- Stephen H. Coltrin, Founder and CEO, Coltrin and Associates, Inc.
- Karla Klingner, Chairwoman and CEO, Palindromes, Inc.
- Russ Kremer, Chair of Farmer Advisory Board, Palindromes, Inc. and CEO, Hope Ventures LLC
- Brian Rogers, Chief Investment Officer, Palindromes, Inc.
- Ralph Ross, General Council, Palindromes, Inc. and President U.S., Emerging Composite Products LLC
- Dr. John Schillinger, Chair of Science and Innovation Advisory Board, Palindromes, Inc. and President and CEO of Schillinger Genetics, Inc.
For more information, please visit http://palindromesinc.com/.
About Palindromes, Inc. – The Market Corrector™
Palindromes intends to work in trade, agricultural inputs, agricultural production, lifestyle and health style planning, commercialization of innovative technology transfer, building materials, raw materials in the building product space, concrete, bulk commodities, logistics, lending and other matters that advance the vision of Palindromes.
According to the United States Department of Agriculture (USDA), agriculture exports represented $133 billion in 2015 with agriculture, food and related industries contributing $992 billion to the U.S. gross domestic product (GDP) or 5.5% that same year.