Fuzion Assumes Management Of XSAg.com
Fuzion has assumed the day-to-day management of XSAg.com chemical exchange business.
October 23, 2009
Fuzion, LLC has assumed the day-to-day management of the popular XSAg.com chemical exchange business while working on a pathway to transfer ownership from XS, Inc. Fuzion, LLC is a start-up company focused on purchasing, creating and integrating innovative crop protection businesses and products and offering them on a manufacturer and retailer friendly platform.
“XSAg.com and its patented technology will become the cornerstone of the company," says Mike Steffeck, CEO of Fuzion. "Besides being the premier crop protection e-commerce trading business, it also has enormous capabilities beyond trading. In addition to the nearly 100,000 registered users and a data base of over one million dealers and growers, the business offers a patented commerce system that manages the complexities of financial settlement, freight, logistics, and regulatory compliance as well as an experienced and dedicated sales and management team.”
While XSAg.com will continue to operate as a neutral trading site as it has for the past 11 years, Fuzion, LLC is utilizing the patented technology developed within XSAg.com to build a NEW channel friendly B2B network under the Fuzion brand. In addition Fuzion is actively pursuing and developing additional innovative companies, products and services that will be part of the Fuzion B2B Network.
“Having been a manager within XSAg.com for the past 9 years, I know first-hand what the scalable XSAg.com system is capable of delivering,” explains Jeff Stow, general manager of XSAg.com. Fuzion plans to expand its service offerings in numerous ways. “In particular, we intend to offer a very compelling value proposition to retailers who would like to participate in a national B2B network. Included in this package will be a powerful working capital management tool, a mechanism to enhance crop protection profitability, customer acquisition tools and other significant opportunities that can improve their businesses bottom line.”
“In the next 30 to 60 days, Fuzion expects to announce acquisitions and developments that will further define our business strategy and allow us to align even closer to both retailers and manufacturers,” confides Steffeck. “Channel and supplier consolidation has begun to limit market access for suppliers as well as limit options for independent dealers and growers. Fuzion intends to create the lowest cost and most innovative business model to serve that segment.”