Apr 17, 2017Bio Huma Netics, Mesa Verde Resources form partnership
Arizona-based Bio Huma Netics (BHN) has recently formed a partnership with Reid Enterprises, which does business as Mesa Verde Resources (MVR) 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, according to Bio Huma Netics. 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, according to a join statement.
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 a 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 percent growth per year over the last 10 years, according to the company. With the Mesa Verde alliance, combined company sales are expected to increase by 30 percent in 2017.