September 30, 2011
Gov. Nixon helps celebrate grand opening of Pioneer Hi-Bred's $60 million soybean production facility, located in New Madrid
New Madrid, Mo. - Gov. Jay Nixon and officials from Pioneer Hi-Bred held a ribbon-cutting ceremony today in New Madrid to celebrate the grand opening of the company's largest soybean production plant in the world. The $60 million parent and commercial soybean seed production plant is already employing more than 65 people.
"Pioneer is investing in Missouri and in our state's workforce, and I'm glad the state of Missouri could be a partner in this important project for the region's economy," Gov. Nixon said. "We're committed to creating good jobs for this region, and sending a clear signal to the world that when it comes to the bioscience sector, Missouri means business."
"This new soybean production plant is a tremendous asset to the entire Pioneer organization," said Alejandro Munoz, VP-Americas & Global Production. "This state-of-the-art facility is the largest production plant we have in the world, and it is located here in New Madrid, Missouri. This location is essential as we continue to grow our business and provide high quality, top-performing soybean products to our growers."
"This new facility is vital as we continue to invest in resources that deliver value to our growers," said Judd O'Connor, VP, Regional Business Director-US. "The increased capacity this plant delivers will strengthen our ability to meet the increasing product needs of our growers."
The new facility, located on 129 acres of land near Interstate 55, will begin operations in October as soybean harvest gets underway in the area. Currently, the plant employs more than 65 people, and may hire more during peak operational needs.
This is the first Pioneer seed production facility in Missouri, and it will primarily serve soybean growers in the southern United States. Pioneer also has a research facility in Missouri for corn, soybean, sorghum and wheat seed, located in the Saline County community of Miami.
Pioneer Hi-Bred, a DuPont business, is the world's leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere.