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John Deere Foundation announces a $1.25 million grant for construction of a new agricultural and biosystems engineering facility at Iowa State University.

John Deere Foundation announces a $1.25 million grant for construction of a new agricultural and biosystems engineering facility at Iowa State University. The building is part of a planned multi-structure complex that will include ISU's Office of Biorenewables Programs.

"Based on its long record of scientific and engineering achievement, Iowa State University is in a particularly strong position to provide leadership for the biorenewables effort. Technical support from the university is essential to producing renewable fuels on a large scale and in an economically feasible, sustainable manner," said Michael J. Mack Jr., Dir of the John Deere Foundation and Sr VP/CFO of Deere & Company.

The new agricultural and biosystems facility will be part of a 166,000-square-foot complex that will include three separate buildings to replace current laboratories, classrooms and offices. Cost is estimated at $63.3 million.

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Title Annotation:AT CLOSING NEWS
Publication:Agri Marketing
Date:Jun 1, 2007
Words:140
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