Bunge North America plans to add jobs and move its headquarters from a Maryland Heights office park to a high-visibility site next to Highway 40 (Interstate 64) in Chesterfield.

The company intends to keep its existing 557 jobs in the St. Louis area and add 160 jobs over the next decade, officials said Tuesday.

Bunge North America is part of Bunge Ltd., an international agribusiness and food ingredient company based in White Plains, N.Y.

Opus Development Co. plans to build Bunge’s new North American headquarters on 14 acres next to I-64 on Timberlake Manor Parkway. The site is known as the Kraus Farm property.

Planned is a four-story building of about 150,000 square feet. The project includes a parking garage for about 700 vehicles.

Todd Bastean, Bunge North America’s chief executive, said in a statement the company is “proud to have been a part of the St. Louis community for more than 25 years.”

“We are excited to remain in the region because this community is connected to so many links in the ag value chain,” he said.

Bunge decided to keep its corporate employees in the St. Louis area after conducting a multistate search for alternatives, the company said.