Monsanto Expanding Operations in Nebraska

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Reported by Industrial Info Resources (Sugar Land, Texas)--Seed-corn producer Monsanto Company (NYSE:MON) (Saint Louis, Missouri) is undergoing a major expansion on its operation in Nebraska. The company is expanding its Kearney facility and is building a warehouse near York. The investment, estimated at $155 million, is expected to create about 55 full-time and several thousand part-time jobs. The company has three other corn-breeding facilities in Nebraska.

At the Kearney plant, the company will invest $85 million by adding a 60,000-square-foot warehouse, a new dryer, a receiving line and bulk storage. Construction began last fall, and completion is scheduled for this summer. Meanwhile, at a 145-acre site near York, the company is spending $70 million to build a 230,000-square-foot warehouse and install dryers, bulk storage, receiving lines and a conditioning tower. This facility is expected to begin construction this spring and be operational in August 2009.

Monsanto Company selected Carl A. Nelson & Company (Burlington, Iowa) as the general contractor for both projects. Industrial Info detailed the scope, tentative schedule and key contacts and is monitoring 17 other active Monsanto projects estimated at $288 million in the Food & Beverage, Petroleum Refining, Chemical Processing and Pharmaceutical & Biotech industries.

Monsanto is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.

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