Petoseed Harvesting Business in Mexico
Petoseed Co., Saticoy-based producer of hybrid seeds, is harvesting increased business in Mexico because of an improving Mexican economy and because of the North American Free Trade Agreement.
NAFTA has eliminated tariff costs and much of the red tape previously involved in dealing with Mexico, said Jay Hulbert, Petoseed’s North American sales director.
“There’s a huge demand among Mexican consumers for quality tomatoes, lettuce, peppers, onions and other produce,” Hulbert said.
The shipments are going through the firm’s recently formed Peto Mexico International unit. “NAFTA makes it much easier for us to ship our seeds to Mexican farmers, who sell their produce on both sides of the border.”