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Monsanto picks N.C. Research Campus for new lab

Posted January 28, 2010

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— The North Carolina Research Campus is landing crop giant Monsanto (NYSE: MON) as a tenant for the $1.5 billion project that is being built by billionaire David Murdock.

The company has signed a long-term lease for research facilities at the campus.

Financial terms were not disclosed.

In an announcement Thursday, the company and Murdock said the Monsanto lab will focus on "taste and nutritional composition of vegetables, and enhanced nutrition in food-focused row crops such as soybeans."

“I commend David for his vision in pulling together such diverse institutions that are leaders in their fields” said Robb Fraley, chief technology officer for Monsanto, in a statement.

“The research center holds great promise and the potential to make a significant contribution to human health, nutrition and agriculture. The synergy that exists at a campus like this could lead to truly innovative research and products with long-term benefits for consumers.”

“Monsanto’s presence on the NCRC constitutes yet another critical piece in ensuring the success of the campus,” Murdock said in a statement. “I am proud to have a company with the outstanding reputation of Monsanto, a leader in the field of agricultural biotechnology, as our newest partner. I look forward to great collaboration and scientific breakthroughs between Monsanto and our other academic and industry partners on the campus.”

Last year, Monsanto struck a five-year development agreement with Dole Food, which Murdock owns.

On Wednesday, NCRC dropped several hints about its future new client in announcing a press conference at the campus on Thursday.

“It’s a company with vast numbers of employees,” a spokesperson for the NCRC said. “This is a company that is coming to do new research.

According to the Salisbury Post, the company will create initially between 20 and 25 jobs.

However, the new tenant eventually could employ hundreds of people, Phyllis Beaver, marketing director for Castle & Cooke, which is developing the campus, told the newspaper.

"This is a great step forward," Beaver said. "They have the potential to create to many jobs."

According to Beaver, the proteomics lab at NCRC helped draw the company.

In a media advisory, the new tenant was described as being a “Fortune 100 company.”

“The NC Research Campus takes a giant step forward with the addition of a significant new tenant, a global company that will speed the development of breakthrough science at the Kannapolis campus,” the advisory said.

The announcement will also include a tour of the proteomics lab at the main building.

UNC-Chapel Hill and North Carolina State already have buildings at the campus. Duke University is a partner in the NCRC as well as are several other state universities.

Private sector partners include Labcorp and Red Hat.

However, the NCRC lost last year a commitment from Pharmaceutical Product Development to establish a clinical research facility in Kannapolis.

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  • voip Jan 28, 2010

    I saw "Food Inc." and agree that it is a life changing movie. Recommended. Monsanto = BOOO

  • CestLaVie Jan 28, 2010

    Good for Canada!! No such rational thinking in the good ole US of A!!!!!!!!!!!!!!! Corporate profits are the ultimate bottom line; the citizen be damned!

  • CestLaVie Jan 28, 2010

    Thanks to corp giants like Monsanto & their work on GMO foods for a long time now, corn, wheat & soybean are in EVERYTHING. Look at the food labels. These products, along with high fructose CORN syrup comprise most of the junk & processed foods most Americans are eating. THAT is why our nation has a HUGE healthcare bill. THAT is what is killing most Americans, and most don't know, don't care or are just too lazy or stupid to figure it out. All this, while Monsanto carries their daily TON of money to the bank. Follow the money!!!!

  • greentara Jan 28, 2010

    Monsanto is an empire of evil!

  • wattsun Jan 28, 2010

    http://www.percyschmeiser.com/

    Percy Schmeiser is a farmer from Bruno, Saskatchewan Canada whose Canola fields were contaminated with Monsanto's Round-Up Ready Canola. Monsanto's position was that it didn't matter whether Schmeiser knew or not that his canola field was contaminated with the Roundup Ready gene, or whether or not he took advantage of the technology (he didn't); that he must pay Monsanto their Technology Fee of $15./acre. The Supreme Court of Canada agreed with Schmeiser, ruling that he didn't have to pay Monsanto anything.

  • pbjbeach Jan 28, 2010

    QUESTION? HOW MUCH WILL THIS ONE COST THE TAXPAYING CITIZENS OF THIS STATE IN TAX BREAKS AN OR INCEDNTIVE MONY THAT WILL IN ALLPROBABILITY BE DOLE AN AN BEG THESE BIG COPORATE COPORATION TO TAKE THE TAXPAYERS MONEY PLEASE. IF INDEED THIS IS THE CASE AGAIN AS I SUPECT IT WILL BE AGAIN . JUST MORE COPORATE WELFARE WHAT HAPPEN TO ALL OF THE PEOPLE ACROSS THIS STATE THAT USED TO SPEND SO MUCH TIME BLOGING ABOUT WELFARE. I AM GUESSING THAT AS LONG AS IT WAS GOING TO HELP INDIVSUAL PEOPLE THAT THAT WAS BAD BUT NOW THAT IT ALL APPEARS TO BE GOING TO THE COPORATIONS ACROSS THIS COUNTRY THAT WELFARE IS A O.K. JUST MY TWO CENTS WORTH THANK YOU

  • wattsun Jan 28, 2010

    Ahhh.. Ole' scientistjo always towing the Coporate Line.
    Do a little research( Look beyond the US MSM Press)on Neonicotinoid ,Imidacloprid and GMO Food that produce their own Pesticides!
    I feel its pretty obvious that one of the major reasons of the bees’ decline is by the ingestion of GMO proteins and insecticides. This is problematic, as there is such an increase of indigestible foods in humans and bees. The situation of colon cancer in humans is somewhat similar in occurrence. This is only a theory but leaves one to wonder what are we eating en mass. The external or complementary good of the bee is obviously a rise for global concern. The long-term economical and environmental impact has yet to be completely understood.

  • bbq_lover Jan 28, 2010

    "I guess you are not aware of the fact that Monsanto has been operating in NC for SEVERAL years now at 2 sites (RTP and Mt. Olive)"

    Also Syngenta, Bayer Crop Science, BASF & others in NC too - nothing wrong w/ GMO's or the science behind them.

  • hollylama Jan 28, 2010

    Seriously, watch the World According to Monsanto. Genetically modified food has an effect on our genetics. Same way bovine growth hormones (while produced by cows) being introduced to cows caused mastitis which then lead to having to give cows antibiotics. All in the name of increased output.

  • ImaBee Jan 28, 2010

    "Ever since I saw "Food Inc" I've been reading about Monsanto, and I don't want them anywhere near the Triangle. It makes me want to send an army out to protect our North Carolina farmers." - remerdre

    I guess you are not aware of the fact that Monsanto has been operating in NC for SEVERAL years now at 2 sites (RTP and Mt. Olive)

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