Bayer CropScience renovates North American HQ
Bayer CropScience has launched a $33 million renovation of its North American headquarters in the Research Triangle Park.
The project is the latest in a series of investments that Bayer CropScience has made at its campus here.
It’s also one of a number of investments in new greenhouses, land acquisitions and upgrades announced recently by agricultural biotechnology companies that operate in the park. Other recent construction projects have been completed by Syngenta and BASF Plant Science.
“By using our facilities to attract and retain the region’s top talent, we are ensuring that Bayer CropScience will continue to contribute to (Research Triangle Park’s) viability and reputation as a top location for business and scientific development,” Jim Blome, president and CEO of Bayer CropScience LP, said in a prepared statement Thursday.
Bayer CropScience is a subsidiary of the Germany-based Bayer AG. The company works on pesticides for crops, identifying genetically determined traits to improve crops and seeds.
The company has about 500 people at its site in the Research Triangle Park, Blome said. In total, he said the company has about 640 people in the Triangle area.
The remodeling work at the headquarters property is under way, so he said the company moved employees off-site.
When the work is complete, he said the site will be able to house more people. He said the “key point of the plan” is to consolidate employees on one campus.
The existing building was designed and built in 1979, he said, and has “quite a bit of an old-model office concept.”
According to the company’s news release, the renovated building is expected to have more natural light, a wellness center with a medical office, an employee store and a conference center.
“We’re really striving to create a more open environment for employees to share ideas and collaboratively work,” he said.
He said the company has continued to grow, and company officials believe the Research Triangle Park is the “place to be for biotechnology.”
Bayer CropScience has made investments in the park including the construction of a $20 million, 60,000-square-foot greenhouse, according to the release.
It’s also launched construction of a $2.1 million center where the company officials envision outside researchers using to do research on bees.
And it made an investment of $16.1 million in renovations and remodeling for a facility that would serve as the global center for seed growth formulations as well as the U.S. center for product safety and seed growth. Last year, Bayer CropScience moved the global headquarters for its seeds business from France to the park.
In addition, the company bought 70 acres north of its current property for $6.2 million to allow for growth.