In St. Louis, Missouri, Monsanto is spending $400M to renovate and upgrade its research facility in Chesterfield. This, according to economists, will help further St. Louis’ rise in agricultural science. For the passed ten years, the region has been trying to expand its food science sector, and not just with help from Monsanto. Many people in the Missouri biotech industry are lauding the move by Monsanto, saying that the research is top-notch and will “help attract world-class talent to St. Louis.”
The focus on innovation in the agricultural sphere also could have economic impacts for the region. Monsanto deciding to stake itself down in Chesterfield essentially could read as a vote of confidence in the region that could very well lead to more companies moving in as well.
This news article doesn’t mention any of the controversial aspects of the Monsanto Corporation. When read about simply as a Job Creator, they don’t seem like anything more than just a friendly research company that’s helping create more jobs in an area that has seen better days. It’s an interesting read, especially after some of the more negative press.