Syngenta Seeds Begins Construction for New R&D Facility

Syngenta Seeds is a leading global provider of agricultural science and technology, especially with seeds and crop protection products. They have recently begun construction on a brand new R&D innovation center just outside of Creston and Malta, Illinois. With current plans, the facility will be opened and ready to go in late 2022.

The 88-acre, 100, 000 sq ft facility will provide a brand new home base for the company’s research and development. Syngenta is focused on developing products to safely feed the world, while taking care of the planet. That means sustainable, healthy, and quality agricultural products. 

Syngenta said the site was selected for its location, soil type and accessibility, and will provide facilities for large-scale events and engagement with growers on corn and soybean technology and innovation.​​​​​​​

“This new site will enable us to accelerate our innovation in Seeds R&D while strengthening our focus on delivering new capabilities through investments in breeding and digital technologies,” Trevor Hohls, Syngenta global head of seeds development, said in a press release. “This is a strong statement of our commitment to innovation and providing our scientists with the resources to bring the best products and technologies to solve the key problems that growers face.”

The facility will also spotlight how Syngenta is transforming product development through on-farm collaboration with growers, a press release said.

Are you developing new software for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

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