Corteva (CTVA) said late Tuesday that New Corteva, its future crop protection company, will be headquartered in Indianapolis, Indiana, and Vylor, its advanced seed and genetics company, will be headquartered in Johnston, Iowa, following the planned separation in Q4.
New Corteva will house its crop protection and nature-inspired technologies business, including a research and development team. New Corteva will maintain a global corporate business center in Wilmington, Delaware, the company said.
Vylor will advance its seed and genetics business while exploring opportunities to add new crops. Vylor will also have a global corporate business center in Southeast Pennsylvania, the company added.
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