Bio Huma Netics, Inc., and Mesa Verde Resources Form Strategic Alliance
Bio Huma Netics, Inc. (BHN)—an Arizona company that produces products under the Huma Gro®, Huma Gro® Turf, and Probiotic Solutions® brands—has recently formed an alliance with Reid Enterprises LLC, which does business as Mesa Verde Resources in New Mexico. Mesa Verde Resources is a humic substance mining company that produces, manufactures, and sells humic-acid and fulvic-acid products.
Other than access to a greater range of products, customers from the two companies should see no change in day-to-day operations. There will be no immediate change in personnel at either company, and the two companies will continue to operate separately under separate names for the immediate future.
This alliance is expected to facilitate a synergistic relationship between the BHN lines of agriculture, turf, and wastewater/soil remediation products and the Mesa Verde Resources line of humic and fulvic products for both domestic and international markets. While BHN has previously focused on a fraction of humic substances to extract the Micro Carbon Technology® used as a base for all its liquid products, the combined company will now offer its customers an even greater selection of dry and liquid products that includes MVR’s various formulations of humic and fulvic acids.
Bio Huma Netics has averaged over 20% growth per year over the last 10 years. With the Mesa Verde alliance, combined company sales are expected to increase by 30% in 2017.