Monsanto will team with the David H. Murdock Research Institute, which was founded by Castle & Cooke Inc., a majority owner of Dole Foods Co. Inc.

As part of the collaborative effort, the St. Louis-based Monsanto will open a facility in Kannapolis, N.C.

During the next five years, the companies plan to focus on developing more tasty and nutritious vegetables.

To read the complete press release, visit Monsanto.