Monday, October 20, 2008

Dow AgroSciences Buys Brazilian Firm

Dow AgroSciences is adding hundreds of employees, the majority at its global headquarters in Indianapolis, reports Inside INdiana Business.

The company recently completed its seventh acquisition, in the past 18 months, with the purchase of a corn seed production facility in Brazil. President and Chief Executive Office Jerome Peribere says South America is a critical component in its global corn seeds strategy to reach $1 billion in sales. He says the agricultural industry is in the midst of a major revolution, with the methods of farming changing rapidly and creating new growth.

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