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 Industry News Item Added on April 11, 2008


Monsanto Plans Independence Seed Corn Facility

INDEPENDENCE, IOWA -

St. Louis-based Monsanto is planning to construct a seed corn facility on 150 acres near Independence, Iowa. Slated for completion in 2010, the production plant is part of a $230 million expansion of Monsanto’s Iowa operations to support increasing demand for the company’s DeKalb seed corn. Production facilities in Boone and Grinnell are also being expanded, and Monsanto has increased office and laboratory space at its global breeding research campus in Ankeny. Monsanto is also investing $196 million to expand herbicide production capability at its Lulling, La., manufacturing plant; completion is slated for 2010.



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