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.
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http://m.bizjournals.com/triangle/blog/techflash/2014/06/the-strategy-plays-that-led-to-bayer-cropsciences.html