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Crop science division will add to state’s booming biotech business.

July 23, 2019

2 Min Read
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EMPLOYEE BOOST: Bayer, which just over a year ago completed its acquisition of Missouri-based Monsanto, will add to its crop science division workforce by bringing jobs to its Creve Coeur location.

Bayer’s North American Crop Science Division is relocating 500 jobs to Missouri.

Bayer is one of Missouri’s top 30 private-sector employers with a strong connection to the state’s agriculture industry. The move will bring with it an average yearly salary of $110,000 per employee and a capital investment of $164 million.

The announcement comes after Gov. Mike Parson’s first European Trade Mission, where he traveled internationally to highlight Missouri as an ideal location for business and encourage new investment in the state. The trade mission included a stop in Germany to meet with Bayer CEO Werner Baumann.

“We are honored that a global company like Bayer has chosen to grow its presence here in our state,” Parson said during a press conference. “As you know, agriculture plays a critical role in our economy, and Bayer’s investment will only enhance Missouri’s strengths in the agricultural technology sector. We look forward to working together as we continue to grow and expand the industry.”

Lisa Safarian, president of commercial operations for North America at Bayer, said the company is “proud” to call Missouri home to its global headquarters for seeds and traits, and the North American Crop Science commercial headquarters.

"Our talented workforce across Missouri, and especially in the St. Louis region, is a vital asset in our ability to develop and deliver new tools and innovations to farmers," Safarian added.

Rob Dixon, director of the Missouri Department of Economic Development, said the Bayer expansion will “ultimately enrich the state’s already thriving ag-tech climate.” The state’s $88 billion agriculture industry employs more than 378,000 workers statewide.

Source: The Office of Missouri Gov. Mike Parson, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.

 

 

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