Bayer CropScience's new $30M investment in RTP
The strategy plays that led to Bayer CropScience's new $30M investment in RTP
Lauren K. Ohnesorge
Triangle Business Journal
A $30 millionexpansion at Bayer CropScience’s Research Triangle Park is the “next logical step,” says CEO Jim Blome.
And it’s a long time coming.
Two years ago, the plant science firm moved the global headquarters for its biotechnology business from Europe to RTP.
And, also two years ago,the company paid $6.2 million for the property directly north of its RTP campus – a deal that, at the time, ranked as one of the highest land prices paid in the region.
Today’s announcement is the direct result of those strategy plays, he says.
More at link.
http://m.bizjournals.com/triangle/blog/techflash/2014/06/the-strategy-plays-that-led-to-bayer-cropsciences.html
