Creve Coeur To Be U.S. Home For Biotech Firm From India

The agreement with SyMyco means the possibility of 80 jobs over the next five years.

A new company coming to Creve Coeur may soon find itself listed in Patch's Who's Hiring feature. Tuesday, city, county and state officials gathered at the BRDG Park on the campus of the to trumpet the announcement of as many as 80 new jobs heading for the Park's top floor.

SyMyCo, a three year-old international bio-research firm is moving the company's U.S. operations to Creve Coeur. SyMyCo works on products which reduce a plant's reliance on water and fertilizers while boosting crop yields.

Governor Jay Nixon was on hand for the announcement, saying the company's move to Missouri came with the promise of more than a million dollars in incentives if the firm creates 80 jobs over the next five years.

Company officials say the first 10 employees could be on board by September and will be hired locally.

to outline his support for legislation that would boost the state's ability to lure high tech companies to the state. 

SyMyCo has roots in India and Oregon, and apparently also considered an offer to locate operations in Virginia. But company officials were outspoken in saying Tuesday that in addition to the scientific benefits of working with and around other high tech firms on the Danforth campus, state incentives, which also included a low interest loan of $250,000 to help build part of the company's facility, were not insignificant factors in the decision.

Creve Coeur Mayor Harold Dielmann and City Administrator Mark Perkins were also on hand for the announcement and a subsequent tour of the SyMyCo space at the park. 


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