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FMC Corporation entered into a framework agreement to sell its Newark, Delaware property to Ercor Elkton, LLC for…
FMCFmc Corp
FMC Corporation entered into a framework agreement to sell its Newark, Delaware property to Ercor Elkton, LLC for approximately $114 million in gross cash proceeds. The company intends to use the proceeds to pay down debt and will negotiate a leaseback agreement to maintain research operations at the Stine Research Center. The transaction is expected to close in the fourth quarter of 2026. FMC Corporation is an agricultural sciences company that develops and manufactures chemical products for crop protection.