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University of Iowa News Release

 

May 12, 2008

Cargill Animal Nutrition, Cargill AgHorizons move to UI Research Park

Cargill has recently relocated the regional offices and staff from two of its businesses to the University of Iowa Research Park in Coralville. Thirty-five employees from Cargill Animal Nutrition and Cargill AgHorizons now share the new office space at 2651 Crosspark Road.

Cargill has leased 10,374 square feet on the second floor of the 20,748-square-foot professional UI Research Park office building owned by Gary Bishop Construction of Iowa City.

"We are delighted to welcome Cargill to the UI Research Park," said Thomas Sharpe, UI associate vice president for economic development, who oversees the park. "It is our hope that Cargill and its employees will find the new location on the park to be both a productive and congenial place in which to work. We look forward to establishing a long-term relationship that is mutually beneficial for the university and Cargill."

Cargill Animal Nutrition is a customer-focused organization working to bring product and service solutions to producers, dealers and feed retailers. Cargill's office staff at the UI Research Park will provide functional and management support to its Upper Midwest operations, where it has 10 feed manufacturing plants.

Cargill AgHorizons operates a network of grain elevator and crop input facilities across the U.S. farmbelt, purchasing grain from farmers and delivering agronomic solutions focused on optimizing production. Its diverse portfolio of grain marketing offerings allows producers to implement a range of marketing strategies with an emphasis on reducing market risk.

"We are pleased to be part of the University of Iowa Research Park community," said Pete Wamsteeker, regional general manager for Cargill Animal Nutrition. "This location will be a good fit for our business, and we're grateful to the University of Iowa and the City of Coralville for their support."

The UI Research Park is part of the IOWA Centers for Enterprise, which integrates existing economic development activities at UI. The IOWA Centers offers a comprehensive program that promotes economic development and technology transfer, provides assistance to Iowa startups and existing Iowa businesses and communities, and helps the state of Iowa develop a creative, entrepreneurial workforce. It also optimizes the flow of university intellectual property into opportunities for licensing, commercialization and business development.

Cargill is an international provider of food, agricultural and risk management products and services. With 158,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit http://www.cargill.com.

STORY SOURCE: University of Iowa News Services, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

MEDIA CONTACTS: David Feider, Cargill, 952-742-6910, david_feider@cargill.com; George McCrory, University News Services, 319-384-0012, george-mccrory@uiowa.edu