Dow AgroSciences Celebrating 20-Year Anniversary of Joint Venture in Indianapolis

INDIANAPOLIS – Nov. 2, 2009 On Oct. 31, 1989, The Dow Chemical Company and Eli Lilly and Company came together to form a global agricultural sciences joint venture headquartered in Indianapolis. Two decades later this business known as Dow AgroSciences, now wholly owned by Dow, is a $4.5 billion global plant science leader with an aggressive growth plan for the future based on delivering innovation to the marketplace.

Turning science into solutions for farmers and other markets around the world takes a talented work force, and the company announced today that it hired people to fill 300 new positions around the globe in 2009. These jobs are being added in key geographies to advance the company’s research and development work as well as to produce and commercialize its new products. Approximately half the new jobs were added at the global headquarters in Indianapolis. In addition, the company is expanding its work force through employees added via acquisition, having acquired Pfister Hybrid Seeds this year.

“Our focus when we began the joint venture was to provide innovation for our customers, and technology remains our growth engine today as we invest in capabilities and personnel to build our future,” says Antonio Galindez, Dow AgroSciences president and CEO. “2010 should be a significant year for our technology in the marketplace. We will launch SmartStax™, the industry-leading trait package for insect and weed control, and expect great reception in the marketplace, and our new agrochemical products continue growing due to outstanding global customer acceptance.”

In 2009, the company has announced numerous efforts to expand its capacity for growth, including signing a 15-year lease on an 80,000-square-foot research facility adjacent to its corporate headquarters in Indianapolis. It is also expanding R&D efforts as a tenant in the Purdue Research Park, West Lafayette, Indiana. Numerous collaborations and research milestones also have been announced.

The company expects to continue hiring in 2010. Key areas of recruiting are focused on science and technology positions. People interested in career opportunities with Dow AgroSciences should visit http://www.dowagro.com/careers/ for the latest job postings.

About Dow AgroSciences

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. Dow AgroSciences provides innovative technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world’s growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, are $4.5 billion. Learn more at www.dowagro.com.

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