Who’s buying who? Iowa awards grant for Monsanto seed plant

August 1, 2008

Iowa has awarded a state grant to help pave a road to a proposed Monsanto Co. seed corn plant near Independence. The grant, approved by the Iowa Transportation Commission, is for $280,000.

St. Louis-based Monsanto plans to spend more than $90 million on the plant at a 150-acre site. The company says it would employ 47 people and offer about 700 seasonal jobs at the plant, set for completion in 2010.

The facility is a part of more than $230 million in investment by Monsanto in Iowa. Monsanto operates two other seed corn production facilities in Iowa.

In May, Monsanto received tax benefits of up to $7.5 million from the Iowa Department of Economic Development.

In June Monsanto gave Iowa $1 million to assist in flood relief.

Perhaps Iowa should change it’s name to Monsantowa.

See also: The World According to Monsanto

Sources: http://www.msnbc.msn.com/id/25704935/, http://webstar.postbulletin.com/agrinews/292317371642538.bsp, http://www.soyatech.com/news_story.php?id=7648

One Response to “Who’s buying who? Iowa awards grant for Monsanto seed plant”


  1. […] News » News Who’s buying who? Iowa awards grant for Monsanto seed plant2008-08-01 15:15:16To Commission, is for $280000. St. Louis-based Monsanto plans to a road to spend […]


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