Agrichemical company Monsanto Co plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said on Monday, as it restructures operations to cut costs in a slumping agricultural commodity market.
The centers are in Middleton, Wisconsin, and Mystic, Connecticut, both of which focus on seed trait development research, and Research Triangle Park, North Carolina, which focuses on research on plant screening and phenotyping.
The company plans to close the Middleton center in the first half of 2016, and the Mystic and Research Triangle Park locations in the second half of the year.