Corteva’s high-stakes corporate split is delivering a split verdict for Indiana agriculture: the company will keep its crop protection business—“New Corteva”—headquartered in Indianapolis, while its advanced seed and genetics arm, soon to be known as Vylor, prepares to locate its headquarters in Johnston, Iowa by year’s end.
Corteva representatives have not yet announced how many employees will ultimately be affected by the decision to relocate Vylor’s headquarters to Iowa.
The company says that the split reflects a broader strategy to sharpen focus and unlock growth by allowing two distinct businesses to pursue diverging scientific and commercial paths. New Corteva will center on crop protection and nature-inspired technologies, while Vylor will push deeper into germplasm development, gene editing and next-generation crop traits…