Bayer CropScience will occupy a new 135,000-square-foot building in Ryan’s Dean Lakes development in the Minneapolis, Minn., area as of early 2015, according to Minneapolis media.
A lease was signed in late June, reported the Minneapolis/St. Paul Business Journal. Bayer will transfer operations and about 40 employees from a 115,000-square-foot space it occupies less than a mile away, according to the Minneapolis/St. Paul Business Journal. The leased property is expected to cost about $15 million in construction costs with an August start and January 2015 completion.
The new facility will also have room for a major expansion should that be deemed necessary.
Bayer CropScience manufactures seed treatment application equipment at its current facility which came about with Bayer’s purchase of Gustafson Equipment, which was based Plano, Texas but had been founded in South Dakota.
Efficiency and modernizations are expected for both the production lines and warehousing areas, according to the Bayer spokesperson quoted. He said that the facility will also be used as a space for the company to meet with customers, train seed applicators and visit with agriculture-oriented groups.