Bayer’s CEO reaffirmed commitment to keep Monsanto’s HQ in STL following impending merger

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Bayer’s CEO reaffirmed commitment to keep Monsanto’s HQ in STL following impending merger


A three-and-a-half hour meeting in Germany between Missouri officials and Bayer executives proved to be another good omen for the state economy.

bayer
Photo: St. Louis Post-Dispatch

On the cusp of an official merger between Bayer and St. Louis based Monsanto, state officials announced a meeting with company executives to make sure during the merger jobs stay and investments continue here in Missouri.

Months after announcing the impending merger between the two global companies, Bayer reaffirmed its commitment to keeping jobs in Missouri.  

“Missouri, and its center of excellence in the sciences, is perfectly aligned with our purpose,” he said. “The proposed combination with Monsanto will unite two complementary research pipelines powered by some of the brightest minds today,” said Bayer CEO Werner Baumann.

Baumann said he insisted that the combined agricultural business of Bayer and Monsanto will have its global Seeds & Traits and North American commercial headquarters in St. Louis. 

“The company and its employees are a critical pillar in St. Louis’ international leadership in the plant science economy, agriculture research and education, and outstanding contributors to cultural institutions and charitable organizations,” said Gov. Jay Nixon. “I also stressed the opportunities for further investment and growth both in St. Louis and at Bayer’s existing 240-acre Kansas City facility that provides more than 840 jobs.”

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The meetings at Bayer followed a business development and investment visit to Israel, and preceded  a Missouri trade delegations visit to the United Arab Emirates to continue to drive Missouri export growth and job creation, as well as foreign investment in the Show-Me State.

Click here to learn more about why Missouri is a top destination for bioscience companies.


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