Dow AgroSciences, Radiant Genomics Deal ExpandsPosted: Updated:
Indianapolis-based Dow AgroSciences Inc. is expanding a research partnership with a company headquartered in California. The agreement includes additional use of Radiant Genomics Inc. technology.
The companies call the initial collaboration, announced last April, a success. Dow AgroSciences Vice President of Research and Development Daniel Kittle says "expanding our collaboration with Radiant Genomics is an important next step in leveraging the power of our collective expertise in natural products. I'm confident our work will translate into new sustainable solutions to address the expanding need for food production across the planet."
Radiant Genomics says its technology will be used throughout Dow AgroSciences' crop protection and seed research organizations."We see the expansion of this collaboration as a strong validation of our technology, team, and approach,” said Chief Scientific Officer Jeffrey Kim.
Last week, DuPont (NYSE: DD) and Dow AgroSciences' parent The Dow Chemical Co. (NYSE: DOW) announced Indianapolis will serve as one of two Global Business Centers of a new agriculture company that would form as a result of a planned $130 billion merger. Full details of the plans have not yet been released, but the new ag company will be the largest of its kind in the world and be one of three publicly-traded, independent businesses that would spin-out if the merger is complete. Though Delaware landed the headquarters of the estimated $18 billion ag company, Indiana could've lost a piece of the action entirely. The plans call for the Indy center, which will be located at the current Dow AgroSciences campus, to focus on crop protection. Dow AgroSciences employs approximately 1,400 in the state.
How to Build an Effective Team
Many leaders who are looking to increase overall productivity at their company are implementing collaborative team environments. This growing trend is backed up by a recent study that states collaborative work environments lead to an increase in overall profitability. However, teams are only effective if built correctly. Don’t expect a group of employees to work well together if you throw them in a room without cultivating any sort of trust or team building.
Most Popular Stories
UPDATE: Nestlé Details Fort Wayne Layoffs
Virginia-based Nestlé USA says only 40 employees will be laid off at the company's Fort Wayne distribution center. A spokesperson for Nestlé tells Inside INdiana Business a WARN Notice filed with the state incorrectly stated the facility would close at the end of the year, affecting nearly 70 workers.
Eleven Fifty to Move Headquarters
Eleven Fifty Academy has announced plans to relocate. The nonprofit coding academy says it will invest $5 million to move its national headquarters to a 25,000-square-foot space in downtown Indianapolis near the Indiana Statehouse. Eleven Fifty says it will maintain its existing space in Fishers and has additional plans to add more locations statewide in the future. The organization says it aims to bring its staff to more than 150 over the next six years. Founder Scott Jones...
Purdue Startup Targets Airline Food Carts
A Purdue University-affiliated student startup thinks its innovation will help airlines become more efficient. Operating out of the Purdue Railyard, FlykeART has developed what it calls a lighter and smarter galley cart for airlines, which co-founder Yuhan Roh says could save airlines millions of dollars in fuel costs. The slimmer cart design, according to Purdue, would also help make the carts less of an injury threat for travelers. On The INnovators with Dr. K, Roh said...
Plans For New Muncie Facility Halted
Plans for a $75 million project at the former BorgWarner site in Muncie have come to a halt. Nigel Morrison, director of Waelz Sustainable Products LLP says “a campaign of misinformation tainted the process and ultimately made it impossible for the city council to continue supporting the project.” The project was first announced in January and was slated to create up to 90 new jobs. The announcement follows the opposition of Muncie residents who...
Northern Indiana Telemarketer Sentenced in Scheme
A Merrillville telemarketer has been sentenced to over five years in prison for his role in a $10 million scheme to defraud mostly elderly victims in the United States. Carlin Woods, 35, pleaded guilty in 2017 to a count of conspiracy to commit wire fraud, one count of wire fraud and another conspiracy count to commit money laundering.