Formerly DBA Landec Labs, Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. Landec operates through the following segments: Packaged Fresh Vegetables, Food Export, Biomaterials, and Other. The Packaged Fresh Vegetables segment sells Breathe Way packaging to partners for fruit, and vegetable products. The Food Export segment includes purchase and sale of whole commodity fruit, and vegetable products to Asia. The Biomaterials segment consists of products utilizing hyaluronan, a naturally occurring polysaccharide that is distributed in the extracellular matrix of connective tissues in both animals and humans, and non-HA products for medical use in the Ophthalmic, Orthopedic, and other markets. The Other segment focuses on corporate general and administrative expenses, non-packaged fresh vegetables and non-biomaterials interest income, and income tax expenses. The company was founded by Ray Stewart on October 31, 1986 and is headquartered in Menlo Park, CA.
