Monsanto delays plans for NE Iowa plant - KWWL - Eastern Iowa Breaking News, Weather, Closings

Monsanto delays plans for NE Iowa plant

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WATERLOO (AP) -- Monsanto Co. is delaying the opening of its $100 million seed corn plant near Independence by a year until 2011, saying it had a record year of seed production and can wait.

Spokesman Darren Wallis said Tuesday that site work will begin in the spring and a $2.5 million breeding research station that's part of the project will be built in 2009.

Wallis says the overall project won't diminish in scope or in the number of employees. The St. Louis-based company says it would employ 50 full-time workers and 1,000 part-timers.

Wallis says given the increase in seed production and major expansions of its other plants in Iowa, the Independence plant doesn't need to be operational until 2011.

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