Syngenta announced a $50 million investment to build a new processing plant for corn and sunflower seeds in Argentina.

The plant, located in the country's central region, will supply Argentina and other key markets globally. It will create over 2,000 jobs, including 350 direct employees.

Syngenta is also expanding facilities at seed production farms and continues to invest in seed development at its network of field stations: total investment over the next 12 months will be close to $100 million.