The family behind Albaugh, LLC, the world's largest privately held crop-protection company, built from Ankeny by founder Dennis Albaugh.
Dennis Albaugh founded Albaugh, Inc. (later Albaugh, LLC) in 1979, distributing crop-protection products to local farmers from Ankeny, Iowa. He saw an opening in generic alternatives to expensive brand-name pesticides and herbicides.
In 1987 the company earned its first EPA technical registration and began formulating 2,4-D in Ankeny. When Monsanto's glyphosate patent expired, Albaugh marketed its own version of the herbicide at a fraction of the brand-name price, and grew rapidly with major operations in Brazil, Argentina, and Mexico.
Albaugh is privately held; company revenue is not publicly disclosed. Forbes has profiled founder Dennis Albaugh as a billionaire (its 2007 “Pesticide Prince” feature); any specific personal net-worth figure is an outside estimate, not disclosed.
Dennis Albaugh built Albaugh from a local distributor into a global agricultural company while keeping its headquarters in Ankeny. In central Iowa he is also known for his philanthropy and for assembling one of the country's most complete collections of American convertible automobiles.
Albaugh, LLC is headquartered in Ankeny, Iowa, where Dennis Albaugh founded it in 1979. It is the world's largest privately held crop-protection supplier and is still Ankeny-based and family-owned.
Dennis Albaugh founded the company as Albaugh, Inc. (later Albaugh, LLC) in 1979 in Ankeny, Iowa.
Dennis Albaugh is the founder and owner of Albaugh, LLC. An Ankeny native, he started the company in 1979 and built it into the world's largest privately held crop-protection supplier. He is also known in central Iowa for his philanthropy and for assembling one of the country's largest collections of American convertible cars.
Albaugh, LLC is privately held and does not disclose its financials. Forbes profiled Dennis Albaugh as a billionaire in its 2007 "Pesticide Prince" feature. Specific net-worth figures published on other websites are outside estimates, not confirmed by the family or the company.
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