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Dow AgroSciences Expanding Indiana Campus, Adding 100 Jobs

07/24/2009
Agriculture company Dow AgroSciences will expand its operation in Indianapolis, Indiana, and hire 100 additional research scientists, according to the Indiana governor's office. The company -- which develops technologies used for crop protection, pest and vegetation management, seeds, and agricultural biotechnology -- has signed a 15-year lease on an 80,000-square-foot building near its current headquarters, where it will house new laboratories and offices. "This expansion illustrates our belief that it is great to be in Indiana, an outstanding hub for life sciences," says Jerome Peribere, Dow AgroSciences president and CEO. "The combination of strong commitment for life sciences companies such as ours, excellent research-based universities, and a superb quality of life for our people makes Indiana an ideal place for our growth as we build our global company for the future." The governor's office did not release information regarding the company's investment; however, the state has offered up to $2.4 million in performance-based tax credits and $120,000 in training grants, contingent on job creation. The Indianapolis Star reports that renovations on the space will begin next month, with new workers in place by the middle of next year.

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