Date: Sept. 4, 2014
Bayer CropScience has announced a series of investments to enhance its business operations in the USA. The company has stated that it aims to invest a total of $1 billion in the country between 2013 and 2016 to improve its research and development capabilities as well as its production capacities.
As part of this, the company has announced the opening of a new $80 million integrated research and development facility in West Sacramento, California. This site, which will also serve as the global headquarters for the company’s Biologicals business, features R&D facilities for the development of biological crop protection products, as well as a Vegetable Seeds research building. In addition, the facility will also include greenhouses.
In addition, the company has also invested in capacity expansions at its sites in Muskegon, Michigan and Kansas City, Missouri, whilst a new plant has been constructed in Mobile, Alabama for the production of the herbicide Liberty (glufosinate).
The company has also announced a significant investment in its Seeds business in the country, with a new research and development facility being opened in Memphis, Tennessee. This $17 million facility will focus on the development of new traits for cotton and soybeans. The company also plans to invest around $90 million in its cotton research and development laboratory in Lubbock, Texas.
Source: P Mc Dougall