Indianapolis, Indiana
July 23, 2009
As a growing and thriving life
sciences company, Dow
AgroSciences announces it has signed a 15-year lease with
Indianapolis-based Browning for an 80,000 square foot building
to be built on Browning’s Northwest Technology campus adjacent
to Dow AgroSciences’ global headquarters in northwest
Indianapolis. The innovative two-story building will house
laboratories and offices for approximately 100 researchers
working in various disciplines to advance Dow AgroSciences’
technology for agriculture. Groundbreaking for the new facility
will take place in August 2009, and Dow AgroSciences anticipates
occupying the new building by mid- 2010. Browning will serve as
the building’s developer, owner, and general contractor. Terms
of the lease were not disclosed.
“As our company continues its commitment to discovering and
delivering innovative solutions for the agricultural
marketplace, it is critical that we increase the available space
of our research facilities to support our current and future
growth,” says Daniel R. Kittle, Ph.D., vice president of
Research and Development at Dow AgroSciences. “This expansion
will enable us to accelerate investment in new scientific
expertise, capabilities, and markets for our growing Seeds,
Traits and Oils business.”
“We are thrilled to welcome Dow AgroSciences to Northwest
Technology Center,” says John Hirschman, director of Development
for Browning. “Both Browning and Dow AgroSciences have great
success stories to tell, especially in today’s challenging
business climate. With the recent development and construction
of other significant projects such as Medco Health Solutions,
Elanco Animal Health, and now Dow AgroSciences, Browning has
distinguished itself as the go-to real estate company in Central
Indiana for medical, pharmaceutical, and life-sciences
companies.”
The newest facility is part of a global master plan for Dow
AgroSciences’ research efforts as it develops and commercializes
new products to help customers in agricultural and related
market segments. The leased space will house existing employees
as well as those added in the future according to the company’s
long-term strategic workforce plan. Key areas of recruiting are
focused on science and technology positions. People interested
in career opportunities with Dow AgroSciences should visit
http://www.dowagro.com/careers/ for job postings over the
coming months.
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is
a top-tier agricultural company that combines the power of
science and technology with the "Human Element” to constantly
improve what is essential to human progress. Dow AgroSciences
provides innovative technologies for crop protection, pest and
vegetation management, seeds, traits, and agricultural
biotechnology to serve the world's growing population. Global
sales for Dow AgroSciences, a wholly owned subsidiary of The Dow
Chemical Company, are $4.5 billion. Learn more at
www.dowagro.com.
Founded in 1977, Browning remains one of the premier development
companies in Indianapolis and is engaged in the acquisition,
development, construction, leasing, management, ownership and
disposition of investment real estate properties, primarily in
the Indianapolis metropolitan area. In total, Browning has
developed and constructed more than 15 million square feet of
space. To learn more, visit:
www.browninginvestments.com. |
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