Arysta LifeScience Selects Cary for Headquarters Location
New site is Highwoods Properties’ Parkwest Two
CARY, N.C., (Sept. 23, 2005) – Arysta LifeScience announced today that
the company will be moving its North America headquarters to Parkwest
Two, 15401 Weston Parkway, Suite 150, Cary, N.C. 27513. The company
will be hiring the majority of its workforce from the Research Triangle
Park area starting immediately, with its current headquarters closing
on Feb. 28, 2006.
“Locating the company’s headquarters to Cary brings us closer to our
customers by giving us the ability to recruit and retain industry
experts in the specialty crops, cereals and turf and ornamental
commercial markets,” said Elin Miller, president and CEO, Arysta
LifeScience North America. “We look forward to becoming a contributing
member of the Cary community and appreciate the warm welcome we have
received from the local companies helping us open our new North America
headquarters for business.”
“We are very proud that Arysta LifeScience chose Cary, and we look
forward to working with them to achieve their business goals and having
their employee families become our friends and neighbors,” said Cary
Mayor Ernie McAlister.
Arysta LifeScience North America’s business grew approximately 30 percent in 2004, and is known for products including EVEREST® herbicide in the U.S. and Canada; clethodim, under the trade names SELECT® and CENTURION®; ARENA™, an insecticide that is registered for turf and ornamental in the U.S.; CAPTAN broad spectrum fungicide; ELEVATE®
fungicide used primarily in grapes and strawberries; and more recently,
KANEMITE™ acaricide. Another strong brand in the company’s portfolio is
CLUTCH™ insecticide in Mexico. The company is also optimistic about
pending registration of MIDAS™ soil fumigant and BATTALION™ insecticide
in the near future.
Headquartered in Tokyo, Japan, Arysta LifeScience is the
world’s largest privately-held crop protection and life science company
with 2004 revenues of ¥103.2 billion (US$1 billion). An entrepreneurial
provider of crop protection and life science products in more than 100
countries worldwide, Arysta LifeScience specializes in the marketing
and distribution of respected crop protection brands and life science
products in harmony with the needs of global producers. More
information on the company is available at: www.arystalifescience.com.
The Cary Chamber of Commerce serves as the unified voice for
businesses in the area. The Chamber provides members with leadership
and networking opportunities to achieve the common goal of creating and
maintaining quality growth and development. There are over 1200 Chamber
members, comprised of both small business owners and major
corporations. The Cary Chamber offices are located on Academy Street in
Cary, North Carolina at 307 N. Academy Street. For more information
call 919/467/1016 or visit www.carychamber.com.
According
to Ed Fritsch, president and CEO of Highwoods Properties, Arysta
LifeScience will be leasing about 25,000 square feet in the Parkwest
Two location. “We welcome Arysta LifeScience to Cary and are pleased
that Highwoods is able to assist them with their headquarters move.”
Highwoods Properties,
a member of the S&P MidCap 400 Index, is a fully integrated,
self-administered real estate investment trust ("REIT") that provides
leasing, management, development, construction and other
customer-related services for its properties and for third parties. As
of March 31, 2005, the Company owns or has an interest in 504
in-service office, industrial and retail properties encompassing
approximately 39.5 million square feet. Highwoods also owns
approximately 1,115 acres of development land. Highwoods is based in
Raleigh, North Carolina, and its properties and development land are
located in Florida, Georgia, Iowa, Kansas, Maryland, Missouri, North
Carolina, South Carolina, Tennessee and Virginia.