DAVIS, Calif., Sept. 10, 2013 (GLOBE NEWSWIRE) -- Marrone Bio Innovations, Inc. (Nasdaq:MBII), a leading global provider of bio-based pest management and plant health products, announced today plans to move its headquarters to a larger location in Davis, California. The new office, laboratory and greenhouse space will be located at 1530 and 1540 Drew Avenue. The relocation is planned for the second quarter of 2014.
According to Pam Marrone, the company's CEO, the move is driven by the company growth. "We are having the best sales year in our history, we just became a publicly-traded company, and we are preparing for the possible launch of new products, all of which requires us to hire more staff here in Davis. The almost 20% increase in office and wet lab space will accommodate our anticipated expansion in multiple areas of our business, including sales and marketing, administrative, and research and development," she explains.
About Marrone Bio Innovations
Marrone Bio Innovations, Inc. (Nasdaq:MBII) is a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental, and water treatment markets. Our effective and environmentally responsible solutions help customers operate more sustainably while controlling pests, improving plant health, and increasing crop yields. We have a proprietary discovery process, a rapid development platform, and a robust pipeline of pest management and plant health product candidates. At Marrone Bio Innovations we are dedicated to pioneering better biopesticides that support a better tomorrow for users around the globe. For more information, please visit www.marronebio.com.
CONTACT: Rich Fedigan, Marrone Bio Innovations 530.750.2800 email@example.com
Source: Marrone Bio Innovations