Gov. Braun celebrates major win as Fortune 500 Corteva picks Indiana for Crop Protection HQ

 Indiana Governor Mike Braun Tuesday celebrated a major economic development win as Corteva selected Indianapolis as the global headquarters for its new market-leading crop protection and nature-inspired technologies company, choosing Indiana over multiple competing states. The decision, tied to Corteva's planned separation into two public companies later this year, deepens an Indiana presence that traces back to 1989.

“Indiana is a global leader in agbioscience – and today’s announcement is just more proof,” said Gov. Braun. “Corteva’s decision to base its global headquarters here reinforces our national reputation as an innovation corridor, nurturing a world-leading bioscience industry that supports hundreds of thousands of Hoosier jobs and generates billions of dollars for the state’s economy. Indiana continues its winning streak.”

Corteva announced last year it would split into two public companies, with the crop protection business retaining the Corteva name. That company, anchored in Indiana, will continue to be a Fortune 500 company with a world-class team of scientists and capabilities, helping farmers solve some of their toughest challenges.

By headquartering in Indianapolis, Corteva taps the full power of Indiana’s biosciences ecosystem, talent, partners and infrastructure, supporting innovation from discovery to delivery. Indiana's bioscience sector contributes more than $125 billion to the state's economy. Corteva has publicly stated its future strategy will be built around operational excellence and differentiated innovation, particularly biologicals. Indiana delivers both and now stands at the leading edge of natural and microbial crop innovation worldwide.
 

“Indianapolis continues to prove we are a city where innovative companies can grow and lead,” said Mayor Joe Hogsett. "Corteva’s continued investment builds on that momentum and reflects the strength of the City’s partnership with the company, our deep talent base and our growing agriculture and innovation ecosystem. We are proud Corteva calls Indianapolis home and proud of what this announcement represents for our city’s future.”

“Corteva has long, proud roots in the state of Indiana, and the employees and management team are pleased to continue to be able to call Indiana home for their groundbreaking innovation,” said Corteva Chair Greg Page, who will also chair the new Corteva after separation. “The Hoosier state is an established leader in global biosciences innovation and the Corteva headquarters will serve as the company’s core research and development hub, driving its impressive pipeline of synthetic, biological, and natural product innovation, while also anchoring Corteva Catalyst, its investment and collaboration platform.”

Corteva’s decision builds on Gov. Braun’s recently announced $1 billion, 10-year life sciences initiative focused on creating 100,000 new jobs within plant, animal and human health.

Community Support:

U.S. Senator Jim Banks (R-Ind.) “It's great to see Corteva choose Indiana for its new headquarters. This is another big win for our agriscience industry. Companies keep choosing Indiana because of our hardworking people and the strong business climate we've built here.”

U.S. Senator Todd Young (R-Ind.) “I am grateful for Corteva’s continued investment in Indiana and its skilled Hoosier workforce. With today’s exciting announcement, Corteva will remain at the forefront of innovation, drive new research to improve lives, and further demonstrate that our state is a national leader in biosciences.”

Don Lamb, State Director, Indiana Department of Agriculture “Corteva’s decision to reaffirm Indiana as its global headquarters is a tremendous vote of confidence in our state’s workforce, our research ecosystem, and our long-standing leadership in agriculture and agbioscience. We’re proud that Indiana will continue to be the home base for a company shaping the future of food and farming worldwide. ISDA looks forward to supporting Corteva as it grows, innovates, and continues investing in the communities that make this partnership possible.”

Andrea Richter-Garry, Interim CEO & President, Indy Economic Development “When a best-in-class global company continues to choose Indianapolis, it says something powerful about who we are and where we are headed. This announcement reflects the strength of a long-standing partnership, the momentum of our growing agriculture and innovation ecosystem, and the confidence global companies continue to place in Indy. Corteva's decision also reaffirms the strength of our life sciences workforce and the top-tier quality of life Indy provides to retain global talent.”

Christy Wright, President & CEO, AgriNovus Indiana “Corteva chose Indiana—again. A world leader in crop protection and biologicals is doubling down on this state and its ecosystem to build the natural-products frontier that will define the industry's next chapter.”

Matt Mindrum, President & CEO, Indy Chamber “Corteva’s decision to keep and grow its headquarters in Indianapolis is a powerful affirmation of Indy’s position as a global leader in bioscience innovation. This investment reflects the strength of our talent, the depth of our business ecosystem, and the collaborative momentum driving our region forward. Global companies choose to grow where innovation can accelerate, and today’s announcement reinforces that the Indy region is built for bold moves and long-term success.”