Dow AgroSciences says the new building will house current employees and new hires as part of its long-term strategic workforce plan.

Press Release

INDIANAPOLIS - (July 23, 2009) – As a growing and thriving life sciences company, Dow AgroSciences announces it has signed a 15-year lease with Indianapolis-based Browning for an 80,000 square foot building to be built on Browning’s Northwest Technology campus adjacent to Dow AgroSciences’ global headquarters in northwest Indianapolis. The innovative two-story building will house laboratories and offices for approximately 100 researchers working in various disciplines to advance Dow AgroSciences’ technology for agriculture. Groundbreaking for the new facility will take place in August 2009, and Dow AgroSciences anticipates occupying the new building by mid- 2010. Browning will serve as the building’s developer, owner and general contractor. Terms of the lease were not disclosed.

“As our company continues its commitment to discovering and delivering innovative solutions for the agricultural marketplace, it is critical that we increase the available space of our research facilities to support our current and future growth,” says Daniel R. Kittle, Ph.D., Vice President of Research and Development at Dow AgroSciences. “This expansion will enable us to accelerate investment in new scientific expertise, capabilities, and markets for our growing Seeds, Traits and Oils business.”

“We are thrilled to welcome Dow AgroSciences to Northwest Technology Center,” says John Hirschman, Director of Development for Browning. “Both Browning and Dow AgroSciences have great success stories to tell, especially in today’s challenging business climate. With the recent development and construction of other significant projects such as Medco Health Solutions, Elanco Animal Health, and now Dow AgroSciences, Browning has distinguished itself as the go-to real estate company in Central Indiana for medical, pharmaceutical and life-sciences companies.”

The newest facility is part of a global master plan for Dow AgroSciences’ research efforts as it develops and commercializes new products to help customers in agricultural and related market segments. The leased space will house existing employees as well as those added in the future according to the company’s long-term strategic workforce plan. Key areas of recruiting are focused on science and technology positions. People interested in career opportunities with Dow AgroSciences should visit http://www.dowagro.com/careers/ for job postings over the coming months.

About Dow AgroSciences
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company that combines the power of science and technology with the "Human Element” to constantly improve what is essential to human progress. Dow AgroSciences provides innovative technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world's growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, are $4.5 billion. Learn more at www.dowagro.com.

About Browning
Founded in 1977, Browning remains one of the premier development companies in Indianapolis and is engaged in the acquisition, development, construction, leasing, management, ownership and disposition of investment real estate properties, primarily in the Indianapolis metropolitan area. In total, Browning has developed and constructed more than 15 million square feet of space. To learn more, visit: www.browninginvestments.com.

Source: Dow AgroSciences LLC