October 11, 2023
Business booming in Hazelwood
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Ag-tech startup Pivot Bio to bring $20 million investment and create 41 jobs, joining other companies that have recently set up shop in the St. Louis County community
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By Wendy Todd
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In the latest effort to boost the economic growth of Hazelwood, the ag-tech startup, Pivot Bio, a company based in Berkeley, California, will expand its business into the city. This has been made possible with a partnership between the city of Hazelwood, the Missouri Department of Economic Development, Ameren and the local economic development company, Steadfast City. The expansion of Pivot Bio to Hazelwood will create an investment of $20 million and create 41 jobs. The sustainable agriculture company’s extension into Ha-
zelwood includes the establishment of an approximately 47,000-square-foot facility that will increase its capabilities for research, testing and development of product applications. “The city of Hazelwood has experienced a great deal of growth and investment over the years due to our tactical use of incentives,” said Hazelwood Mayor Matt Robinson. “We are especially excited about Pivot Bio given this is an innovative ag-tech industry that will produce quality jobs for the long term.” Pivot Bio is a company that uses modified microbes that are added to soil to create and feed nitrogen to cereal crops.
The startup is driven by a commitment to make farming more productive and sustainable. Pivot Bio’s technology meets the demands for nitrogen consistency and dependability by enabling microbes to adhere and remain on the roots of the plant throughout the growing season, delivering nitrogen to the crop with nearly 100 percent efficiency. “Pivot Bio’s growth in Hazelwood is exciting news for our state’s growing ag-tech industry,” said Governor Mike Parson. “As Missouri continues to be a leader on the national stage, this expansion will further See ‘BUSINESS’ page 2
Serving North & Northwest St. Louis County | FREE Online at mycnews.com | Vol. 102 No. 41 | 636-379-1775
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