Tagged: Monsanto

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Business
11:13 am
Tue April 23, 2013

Monsanto Announces $400M Expansion In Chesterfield

Credit (St. Louis Public Radio)
Outside Monsanto headquarters in St. Louis.
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Agribusiness giant Monsanto has announced a $400 million expansion at its suburban Chesterfield research center.

The company plans to add 36 new greenhouses, plus additional "plant growth chambers," offices and laboratory space at the Chesterfield Village Research Center, on the former Pfizer campus.  According to Monsanto the project will add as many as 675 jobs over the next three years

Missouri Governor Jay Nixon was on hand to announce the expansion at Chicago’s International Bio Convention.

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Monsanto
12:43 pm
Wed April 3, 2013

Monsanto Profit Rises 22 Percent In Second Quarter

Credit (via Monsanto)
A field of soybeans grown with Monsanto's genetically-modified Roundup Ready seeds.
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Monsanto says its net income increased 22 percent in the second quarter on strong sales of its biotech seeds.

The agricultural products company boosted its full-year earnings guidance, citing its strong performance in the first two quarters.

The St. Louis company says it earned $1.48 billion, or $2.74 per share in the three months ended Feb. 13. That compares to earnings of $1.21 billion, or $2.24 per share, a year ago.

Revenue climbed 15 percent to $5.47 billion.

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Business
9:21 am
Wed March 27, 2013

Monsanto, Dupont Agree To $1.5 Billion Licensing Deal

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Originally published on Wed March 27, 2013 5:59 am

Genetically-modified seeds — and the technology to produce them — have been at the center of a bitter legal fight between the two companies. Dupont will pay Monsanto more than $1.5 billion in the deal. With that, the companies will drop their patent and antitrust claims against each other.

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