The company is working on (the) 'development of' a new method for recycling old tires.
The company offers many opportunities for professional/personal/career 'development'.
The company spends millions of dollars each year on 'research and development'.
(..) - What are you doing? - Get dressed and I'll explain on the way. Got something to show me? We brought the atmosphere back down to freezing, to control the development... ...which is like nothing we've ever seen. - Brought on by what? - Heat, I think. The coincident invasion of a host... (..)1998 The X Files