The family behind Albaugh, LLC — the world's largest privately held crop-protection company, built from Ankeny.
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 is based in Ankeny, Iowa. World's largest privately held crop-protection supplier; still Ankeny-headquartered and family-owned
1979.
Dennis Albaugh — founder and owner; grew Albaugh into a global crop-protection company from Ankeny
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