Source: Pioneer Hi-Bred

DuPont business Pioneer Hi-Bred executives officially broke ground this week on a $55 million parent and commercial soybean seed production plant in New Madrid County, Mo. Missouri Governor Jay Nixon participated in the event.

"Our new soybean production plant in New Madrid will strengthen our ability to meet the increasing product needs of our growers," said Paul Schickler, president, Pioneer Hi-Bred. "This will be a first-class production facility that will benefit our growers."

Original press release