Inari Plans Seed Fountary in West Lafayette, Indiana
11/08/2018
The company’s total 26,000 square feet at Purdue Research Park will consist of an office space, lab and greenhouse. Growing the Inari team, currently at 65 people, Inari will add another 30 people by 2020, consisting primarily of scientists and product development teams.
According to company officials, the Seed Foundry leverages the natural genetic diversity in plants, equipping crops to be more resilient to climate change and respectful to the environment, all while significantly lowering product development costs and accelerating the timeline for introduction of new varieties.
"We are looking forward to tapping into the community and research prowess of Purdue. Establishing a base in Indiana will not only allow us to ramp up our product development efforts, but it puts this activity in close proximity to seed companies, which we view as the best partners to reintroduce genetic diversity in agriculture," said Inari CEO Ponsi Trivisvavet.
"We are excited to see a Boston-area startup that undertook a national search to find the best place to break new ground in agribusiness decided being near Purdue was the ideal location. With joint goals to advance agriculture and provide sustainable food products for people around the world, Inari and Purdue are a natural fit," Purdue University President Mitch Daniels said. "Purdue and Inari can change crop development for the better, making it more diverse and help address the world's nutrition and health challenges for decades to come."
Most Read
-
-
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Q4 2019
-
Mid-size Markets Competing for Business and Winning
Q1 2020
-
Finding Talent in a Time of Economic Change
Q2 2020
-
Hitting the Reset Button: How to Pivot the Perception of Economic Development
Q2 2020
-
Innovation in America Reaches New Heights
Q2 2020
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019