Delta and Pine Land
Company, the market leader in transgenic cotton varieties,
today announced the purchase of a research facility in nearby
Winterville, Mississippi and a planned expansion of its cotton
research facilities in Scott. The investments come as the
company gears up to develop more varieties with new value-added
technologies and for further breakthroughs in genetics and
biotechnology.
The expansion plans at D&PL’s world headquarters in Scott
call for building four greenhouses, nearly doubling the
greenhouse space at the facility. Additional greenhouse space is
also available at the facility being purchased in Winterville,
which combines labs with production acreage for a uniquely
strong product development location. These investments are
expected to cost approximately $2 million and ultimately lead to
the creation of several new positions.
"Cotton is our core business and we are committed to
accelerating our ability to develop and introduce innovations in
this crop," according to Murray Robinson, company president and
CEO. "For the last several years we have continually increased
research and development in technology in order to remain in the
industry’s leadership position."
The facility investments are at or near the company’s
headquarters in the Mississippi Delta, according to Dr. Bill
Hugie, D&PL’s vice president of research.
"As we move further into molecular breeding and new
transgenic traits, expansion offers us the ability to more
quickly seize opportunities," Hugie says. "We will be able to
significantly increase efforts as we employ and incorporate the
latest technologies in the labs and greenhouses. This is
augmented by almost 200 acres on which we can plant and field
test new varieties and new technologies."
Robinson adds that research and development components are
central to the company’s strategic plan saying, "We are actively
pursuing new technologies that will be beneficial to our
customers. We have been instrumental in introducing most of the
recent breakthroughs to cotton farmers and by working with a
number of partners, we are poised to bring even greater value to
customers through the seed."
Delta and Pine Land Company is a commercial breeder, producer
and marketer of cotton planting seed, as well as soybean seed in
the Cotton Belt. For more than 80 years, the Mississippi-based
company has used its extensive plant breeding programs drawing
from a diverse germplasm base to develop superior varieties.
Delta and Pine Land Company (NYSE: DLP) has offices in eight
states and facilities in several foreign countries.