Key Takeaways
- Pivot Bio is investing over $7 million to expand operations in Hazelwood and relocate its innovation center to the St. Louis area.
- The expansion will create 40 new jobs with salaries above the county average, supported by the Missouri Works program.
- Pivot Bio is recognized for innovative agricultural solutions that improve crop nutrition and productivity while addressing environmental challenges.
Expansion and Investment in AgTech
Pivot Bio, a leader in agricultural technology, has announced a significant expansion in Hazelwood, Missouri, featuring an investment exceeding $7 million and the creation of 40 new jobs. The company is relocating its manufacturing and innovation center to the St. Louis region as part of this initiative, emphasizing the area’s strong agtech sector.
Missouri Governor Mike Kehoe highlighted the state’s attractive business environment, skilled workforce, and central location as pivotal for attracting industry leaders like Pivot Bio. The company specializes in breakthrough agricultural solutions, particularly in crop nutrition, delivering consistent nitrogen directly to plant roots during key growth stages, thus enhancing farm productivity amid rising global food demands.
Chief Executive Officer Chris Abbott explained that this expansion aims to improve the reliability, efficiency, and profitability farmers experience. By integrating operations in Hazelwood and Creve Coeur, Pivot Bio will enhance its capacity to deliver effective nitrogen solutions while creating high-quality jobs. The development of a coordinated system from product research to on-farm application is a key focus of this expansion.
The new positions will offer competitive wages, surpassing the county average, and are supported by the Missouri Works program, which provides financial incentives for job creation and business growth. Local officials, including Hazelwood Mayor Matt Robinson and Rodney Crim from the St. Louis Economic Development Partnership, praised the investment as a strong indication of the city’s business appeal and its ability to attract such innovative companies.
Pivot Bio has garnered national acclaim for its technologies, which draw on naturally derived processes to support crop production. The company’s innovative contributions to agricultural and climate technology have earned recognition from various esteemed outlets, including TIME, Fast Company, and MIT Technology Review.
This expansion positions Pivot Bio to not only reinforce its operations in North America but also prepare for future growth and market entry into regions like Brazil. The strategic move to consolidate research, development, manufacturing, and support services in Missouri highlights the company’s commitment to enhancing agricultural practices and sustainability efforts on a global scale.
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