VOL. 128 | NO. 60 | Wednesday, March 27, 2013
Companies Investing $20 Million at Agricenter
By Bill Dries
Bayer CropScience and Helena Chemical Co. have committed to separate investments at Agricenter International totaling nearly $20 million.
Executives from the two companies will be at the East Memphis center Monday, April 1, with Shelby County Mayor Mark Luttrell and Tennessee Gov. Bill Haslam to break ground on the research laboratory and greenhouse facilities.
Bayer CropScience will build a $17 million greenhouse, including 40,000 square feet of greenhouse space plus open office space. All are of part of Bayer’s research and development of cottonseed and cotton.
Helena Chemical has had a presence at Agricenter for 20 years. Its latest addition will be a $2.2 million new research formulation laboratory as well as some improvements to existing facilities at Agricenter.