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Dole Food's Murdock Commits $15M Annually in Perpetuity to DHMRI

NEW YORK (GenomeWeb) – Dole Food Company Owner and Chairman David Murdock on Tuesday announced a commitment of $15 million annually in perpetuity to the David H. Murdock Research Institute on the North Carolina Research Campus in Kannapolis, NC.

The funds will go toward the hiring of scientific talent to DHMRI, and the institute is searching for a leader for the institute "who might one day be capable of becoming a Nobel Laureate and whose scientific research will drive the institute to new discoveries and innovation," Murdock said in a statement.

Last year, Murdock, who founded NCRC, announced a $50 million gift to DHMRI over an eight-year period. That gift was used to outfit the institute with equipment for genomics, proteomics, and metabolomics research, as well as to fund initial research into programs in diabetes, metabolomics, and cardiovascular disease, among other things.

DHMRI is the core lab facility for NCRC and home to 20 academic, industry, technology, and healthcare partners in human health, nutrition, and agriculture. Murdock has invested more than $800 million into NCRC, DHMRI said.