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Oct. 23, 2023 Source: Channel 11 TV RALEIGH, N.C. -- An agriculture development company located in Research Triangle Park announced plans to potentially layoff all of its 100+ employees. AgBiome is a company founded with the goal of replacing petrochemical-based ingredients used in agriculture production with naturally-derived replacements that create even better results. The company launched in 2012 and is located on TW Alexander Drive in Research Triangle Park. It has received grant money from the Bill and Melinda Gates Foundation, including one for more than $6.5 million to research a natural microbiome to increase the yield of sweet potato crops. According to the North Carolina Department of Commerce, AgBiome sent out layoffs notifications Oct. 16 and terminations will be effective Dec. 15. Agri Marketing reports: Here is relevant information from the AgBiome website: About AgBiome AgBiome was founded on a vision to help make a real difference in the world. Our company is led by an impressive group of experts and innovators dedicated to delivering the power of the microbial world across all categories. Our leadership drives AgBiome in the mission to replace petrochemical-based ingredients with naturally-derived microbes, genes, proteins, and enzymes that not only perform the same functions but also excel in their performance. To view AgBiome's leadership click here. Tweet |
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