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Monsanto Company breaks ground on new Dekalb corn seed production facility near Waco, Nebraska

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York County, Nebraska
March 28, 2008

Monsanto Company (NYSE: MON) today held a ceremonial groundbreaking event on the future site of the company’s new DEKALB® seed conditioning facility.

Tom Schaffran, a more than 20 year Monsanto Company employee, was tapped to oversee construction of the new facility and serve as the site lead for the completed facility which is slated to swing into production in 2009.

Nebraska Governor, Dave Heineman; United States Senator, Ben Nelson; and United States Congressman, Adrian Smith participated in the ground breaking festivities alongside Monsanto Company officials.

The new corn seed production facility, located between the townships of Waco and Utica, is part of a $155 million investment by Monsanto to more than double corn seed production operations in Nebraska.

The company announced the location of the new site, and expansion of its current facility in Kearney, in October 2007. Combined, the expansions are expected to add more than 55 full-time jobs and nearly 2,000 part-time positions, the majority of which will go to support the new facility.

“We’re proud to have been a part of Nebraska agriculture for more than 50 years and we look forward to many more,” said Mark Leidy, executive vice president of manufacturing for Monsanto Company. “Expanding production capacity in Nebraska is essential in continuing to meet the growing demand for our DEKALB brand corn seed products throughout the Western Corn Belt. This new, state-of-the-art facility will help us meet the growing demand for our products and offer good jobs for residents in the community.”

The groundbreaking festivities took place on the project site which encompasses more than 145 acres of land outside of Waco. Event dignitaries used golden shovels to break ground during the event. Actual construction on the site is scheduled to begin in May with completion expected later in 2009.

Once completed, the facility will feature more than 230,000 square feet of warehouse space, bulk storage, three high-capacity seed dryers and green corn receiving lines, and a 180-foot tall conditioning tower which can package an estimated 1,200 units of seed per hour.

Schaffran, the past site manager of the Kearney facility for the past 8 years, will immediately begin overseeing the construction of the new facility. A Minnesota native, Schaffran has plans to relocate to the York County area sometime later this year.

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

 

 

 

 

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