Bayer CropScience Begins $33 Million Renovation To North American Headquarters At Research Triangle Park, North Carolina
Area Development Online News Desk (10/17/2013)
Bayer CropScience started a $33 million renovation to its North American headquarters in Research Triangle Park, North Carolina. Scheduled for completion in 2015, the company said its project will allow it to accommodate substantial growth and bring together more than 700 employees.
“Bayer CropScience is dedicated to being a pivotal organization in the socio-economic life of RTP,” said Jim Blome, President and CEO of Bayer CropScience LP. “Revitalizing our current office space to accommodate growth marks a significant investment for Bayer CropScience in the area. By using our facilities to attract and retain the region’s top talent, we are ensuring that Bayer CropScience will continue to contribute to RTP’s viability and reputation as a top location for business and scientific development.”
The company’s office renovation is the latest in a series of recent investments in the Research Triangle Park area. Noting the area’s potential for promoting bioscience growth and innovation through community and economic investment, Bayer CropScience moved the company’s global Seeds headquarters from France to RTP in 2012.
Other initiatives at the North American headquarters include opening a $20 million, 60,000-square-foot greenhouse, a $2.1 million, 6,000-square-foot state-of-the-art North American Bee Care Center and a $16.1 million, 40,000-square-foot Development North America research facility.
The greenhouse, which is being used for soy, corn and other broadacre crop research, serves as one of the country’s premier locations for bioscience research and development, the company said. It features numerous environmentally-friendly features, including a 70,000 gallon underground water storage tank that will harvest rainwater for plant irrigation and is expected to reduce consumption of potable water at the facility by approximately 700,000 gallons annually.
The company also recently invested $6.2 million in the purchase of 70 acres of land north of its current property at the intersection of T.W. Alexander Drive and North Carolina Highway 147 from the Research Triangle Foundation to allow for future facility expansion.
“When it is complete, the office renovation will reflect our focus on innovation, local investment and our continued contributions to cultivate solutions to the world’s most pressing agricultural issues,” said Blome. “We are excited to begin the process, which started earlier this month, and we look forward to showcasing a new look in the coming years.”