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.
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.