Company plans to invest USD 17 million for state-of-the-art greenhouse as part of EUR 7 billion global research and development commitment
MEMPHIS, TENNESSEE (April 18, 2013) – Bayer CropScience recently celebrated the groundbreaking of its newest research and development facility: a 40,000-square-foot greenhouse, which will help increase the number of traits available for cotton varieties in both the U.S. and international markets. The company plans to invest USD 17 million for the new greenhouse, located at Agricenter International in Memphis, Tenn., as part of the greater Bayer CropScience commitment to invest EUR 7 billion in research and development as well as an expansion of production capacities and seed processing facilities globally between 2011 and 2016. Shelby County Mayor Mark Luttrell and Memphis Mayor A.C. Wharton Jr. joined other local Tennessee dignitaries and Bayer CropScience executives to share in the festivities.
The event, which was held on April 1, 2013, began with a groundbreaking ceremony at the Bayer CropScience Memphis site. More than 40 local dignitaries visited the Bayer CropScience site and heard comments from Lloyd McCall, Director Global Molecular Breeding; Geoff Kneen, Head of Strategic Initiatives and Research Triangle Park Operations; and Al Balducchi, Global Cotton Trait Introgression Manager. The festivities concluded with a reception hosted by Agricenter International that showcased Tennessee agriculture and the valuable contributions companies such as Bayer CropScience make to sustain it.
Bayer CropScience Breaks Ground On New Greenhouse For Cotton Research And Development In Memphis, Tenn.
“Bayer CropScience is the leading cotton seed company globally, and we are committed to bringing innovation to the cotton industry. Once completed, the Memphis Greenhouse will allow us to increase the number of traits for cotton varieties for both U.S. and global markets,” said Mike Gilbert, Head of Global Breeding and Trait Development for Bayer CropScience. “This greenhouse will help ensure we maintain our leading position in the global cotton industry by delivering growers choices and sustainable solutions.”
The Memphis Greenhouse, which is scheduled for completion in early 2014, will feature 40,000 square feet of growing space as well as a spacious headhouse and open office area. It will be unique in its scale and global scope, and will help Bayer CropScience provide new technologies to give growers more choices. The Memphis Greenhouse will enhance efficient selection for cotton breeding while improving ergonomic working conditions for staff.
Bayer CropScience supports environmentally compatible practices company-wide, and the Memphis Greenhouse was designed with sustainability in mind. For example, by incorporating automation into the design, the greenhouse will have a reduced footprint, which means less materials and an approximate 40 percent reduction annually in natural gas and electricity consumption. Additionally, the facility will include hands-free plumbing fixtures and high efficiency lights with longer lasting ballasts.
The Memphis site of Bayer CropScience supports all of the company’s cotton brands, including Stoneville® and FiberMax®. All cotton trait introgression work for North America is done in Memphis, which also provides trait introgression support for Bayer CropScience cotton seed business development in South America.
For more information on Bayer CropScience, visit www.bayercropscience.us or the Bayer CropScience social media hub, connect.bayercropscience.us.
About Bayer CropScience
Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials. This year the company is celebrating 150 years of Bayer – consistent with its mission “Bayer: Science For A Better Life”. Bayer CropScience, the subgroup of Bayer AG responsible for the agricultural business, has annual sales of EUR 8,383 million (2012) and is one of the world’s leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control. The company offers an outstanding range of products including high value seeds, innovative crop protection solutions based on chemical and biological modes of action as well as an extensive service backup for modern, sustainable agriculture. In the area of non-agricultural applications, Bayer CropScience has a broad portfolio of products and services to control pests from home and garden to forestry applications. The company has a global workforce of 20,800 and is represented in more than 120 countries. This and further news is available at: www.press.bayercropscience.com.
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©2013 Bayer CropScience LP, 2 T.W. Alexander Drive, Research Triangle Park, NC 27709. Always read and follow label instructions. Bayer (reg’d), the Bayer Cross (reg’d), FiberMax and Stoneville are trademarks of Bayer. For additional product information call toll-free 1-866-99-BAYER (1-866-992-2937) or visit our Web site at www.BayerCropScience.us.
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.