Seed Spinoff Vylor to Be Headquartered in Johnston, Corteva Announces
Vylor will keep its seed and genetics business in Johnston, while New Corteva will house crop protection and R&D in Indianapolis.
- On Tuesday, Corteva Inc. announced that New Corteva will be headquartered in Indianapolis, Indiana, while Vylor will establish its global headquarters in Johnston, Iowa, following the planned separation in the fourth quarter of 2026.
- Johnston Mayor Paula Dierenfeld noted the decision builds on Pioneer's 100-year history in the community. More than 700 people signed petitions supporting Iowa's bid, with nearly 300 sharing personal stories about the company's impact.
- Gov. Mike Braun said the decision reinforces Indiana's reputation as an innovation corridor. Braun's recently announced $1 billion, 10-year life sciences initiative aims to create 100,000 new jobs within plant, animal, and human health sectors.
- Both New Corteva and Vylor expect to finalize their separation in the fourth quarter of 2026, reflecting a commitment to employees and deep community roots as they transition into independent organizations.
- Future Vylor CEO Chuck Magro stated the company will focus on advanced seed genetics and biotechnology to help farmers feed and fuel a growing world, building on its 100-year innovation legacy rooted in Iowa.
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Corteva selects Johnston for headquarters of new seed company Vylor
JOHNSTON, Iowa -- Corteva announced this week that Johnston will become the world headquarters location for its new advanced seed and genetics company, Vylor. The move follows months of lobbying efforts by Johnston and Iowa leaders after Corteva announced in October that the company would separate into two entities. Vylor will focus on advancing Corteva’s [...]
Corteva Agrisciences to split headquarters between Indianapolis and Iowa
INDIANAPOLIS (WRTV) Corteva Agrisciences has selected Indianapolis as the global headquarters for New Corteva, its market-leading crop protection and nature-inspired technologies business, and Johnston, Iowa, for the HQ for Vylor, its seed and genetics company.The previously announced split from one company into two was expected to be completed sometime between September and January. The goal was to maximize shareholder value and focus on specif…
Corteva Agrisciences split to keep 1 of 2 headquarters in Indianapolis
INDIANAPOLIS (WISH) — Corteva Agrisciences has selected Indianapolis as the global headquarters for New Corteva, its market-leading crop protection and nature-inspired technologies business, and Johnston, Iowa, for the HQ for Vylor, its seed and genetics company. The previously announced split from one company into two was expected to be completed sometime between September and January. The goal was to maximize shareholder value and focus on spe…
New seed genetics company Vylor chooses Johnston for global headquarters
Corteva’s planned spinoff company Vylor will keep its global headquarters in Johnston, a move Iowa leaders say strengthens the state’s role in agriculture and bioscience innovation.
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