Genencor Named one of the Bay Area’s 50 Best Places to Work


Genencor International, Inc. (NASDAQ: GCOR) announced today that it was named one of the Bay Area’s 50 Best Places to Work, a program sponsored by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and Deloitte. With 300 employees at its Palo Alto location, Genencor ranked third among companies with 101-500 employees in the Bay Area.

Over 200 small, medium and large technical, biotech and service firms were evaluated via online employee surveys for their workplace environment, employee communication, benefits, compensation, promotion and advancement and employee recognition.

“Every company in the Bay Area would like to be considered one of the region’s Best Places to Work,” said Patrick Twohy of the San Francisco Business Times. “It’s a pride thing. But being listed is also a recruiting tool that can help attract the brightest talent…So competition was lively.”

Genencor was highlighted for its “work hard, play hard” workplace environment that has resulted in a turnover rate of 8 percent, which is significantly lower than biotechnology firms in the area.

“We value our employees and continuously look for creative and innovative ways to meet the needs of our people and their families,” said Richard Ranieri, Genencor’s Senior Vice President of Human Resources.

“This recognition from an outside program is very satisfying and especially significant because of the positive feedback from the employees. Our commitment to our employees has created a great work environment and our ability to keep our talented workforce.”

About Genencor
Genencor International, Inc. ( is a diversified biotechnology company that develops and delivers innovative products and services into the health care, agri-processing, industrial and consumer markets. Using an integrated set of technology platforms, Genencor’s products deliver innovative and sustainable solutions to improve the quality of life.

Genencor traces its history to 1982 and has grown to become a leading biotechnology company, with over $380 million in year 2003 annual revenues. Genencor has principal offices in Palo Alto, California; Rochester, New York; and Leiden, the Netherlands.

Global Media Contacts

Wendy B. Rosen
+1 650 846 4940
Palo Alto, California USA
Francis Stalder
+31 71 5686 168
Leiden, The Netherlands
Angela Fan
+86 21 2307 9588
Shanghai, People's Republic of China