The park is the location of
State leaders have committed to incentives that could yield up to
The company is planning a new, 200,000-square-foot office and laboratory building that would be attached to a new greenhouse and lab building that opened in May.
With the additional building, the company plans to centralize its operations, Hlavac said. Company employees will be moved entirely out of leased space in
The company plans to move employees out of another existing facility on
"The idea is that we'll be able to get most of our employees into one location on what we're calling the 'RTP Innovation Center,'" said
Workers in the
The company expects to begin construction on the new building in the fourth quarter of this year, and to have the first phase of construction completed in 2015. The final phase completion is set for 2016. By 2018, Hlavac said company is looking to have hired an additional 150 workers.
The positions will be science and information technology jobs, said Hlavac, who added that a lot of the work done in the field now is computational biology-based. That work involves using computers, statistics and math to solve biological problems.
"Scientists who are multi-disciplined, they live in two worlds, the information technology world, and the biotechnology science world," Hlavac said.
Research at the new site will focus on the development of traits that can help crops better tolerate climate variability, combat plant stresses such as drought and enhance productivity and plant performance, according to a news release.
In addition to the current focus on corn, soybean, and sugar cane, research will be expanded to support other crops such as cereals, rice and vegetables.
"It takes more than 10 years, and
Recent technologies that have already been developed at the company's
The product will be sold to U.S. farmers starting this fall for the 2014 planting season, according to the release.
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