JEFFERSON CITY – Bayer AG will bring 500 jobs to its Creve Coeur campus and invest $ 164 million in improvements there, to move Gov. Mike Parson says will enhance the state's "already successful technology" and bolster the company's long-term commitment to the region.
Parson said Bayer has committed to retaining 4,400 jobs in the St. Louis region as well as adding 500 more; The Republican governor, a cattle farmer, with Bayer CEO Werner Baumann during a European trade mission last month.
The announcement was made possible in part by the shuttering. or Bayer's North American crop sciences headquarters in Raleigh, North Carolina, said Lisa Safarian, president of Bayer's North America commercial operations.
She said the 500 st. Louis Jobs would be a combination of transfers from North Carolina and new hires.
"Bayer's headquarters were in Raleigh, North Carolina," Safarian said at a Tuesday news conference. “And so that headquarters is closing, and so we will be locating those individuals to St. Louis. ”
A company spokesman later said Bayer's environmental science operations will remain in Cary, North Carolina.
It wasn't clear whether the 4,900 jobs ̵
Bayer had been discussing with state economic development officials as the investment in its workforce here or on the East Coast. The company told the Post-Dispatch in 2018 that it employed about 5,400 people between its two St. Louis area campuses
In September 2016, after the two companies announced the merger, Monsanto said it employed 4,100 people in the St. Louis region, not including several hundred remote workers, temporary employees or contractors.
A company spokesman said the $ 164 million capital investment that is part of the jobs announcement Tuesday will mostly pay for building improvements to accommodate the new staff. The state has offered incentives totaling $ 44 million, mainly through its Missouri Works program that allows companies to retain employees' payroll taxes if job targets are. The state incentives would be paid over seven years. St. Louis County is also offering a $ 2 million property tax break.
Rob Dixon, director of the state's Department of Economic Development, presented Bayer's decision as a win for Missouri
"We look at this, again, as making a strategic investment in the state, "Dixon said." The state was competing for these jobs …. We're competing for the long-term economic opportunity for our state. "
St. Louis County Executive Sam Page cheered on the news conference.
Louis County continues to be the global epicenter of agricultural technology, and plant sciences, I thank Bayer for adding to our momentum, ”Page, a Democrat, said. [Bayer'spredecessorMonsantoreceivedasignificantpledgeofstatesupportin2013whenitannounceda$400millioninvestmentintoitsChesterfieldresearchcampusThestatepromisedupto$22millioninincentivesandStLouisCounty$22millionintaxbreaksinexchangeforthecompanyadding675scientificjobsinChesterfield
In January, Bayer announced it would shutter its Pittsburgh campus, for decades the German conglomerates' North American headquarters, and consolidate administrative staff for plant sciences in St. Louis and for health care in New Jersey.
Bayer is looking for jobs at the Creve Coeur campus, where Monsanto's headquarters staff, as opposed to its Chesterfield-based scientific and research staff, is based.
said Tuesday the job classifications would "run the gamut," and would include positions in information technology, marketing, legal, human resources, and research and development.
Some of the jobs could end up being based on the company's Chesterfield campus, said Darren Wallis, a Bayer spokesman.
Headquarters jobs, which include business support functions, are often the most at risk following major corporate mergers. Overlapping information technology and human resources department, for instance, can often be consolidated. The investment in the Creve Coeur campus, the global global headquarters for Monsanto, helps at least some worrying about major cutbacks in corporate jobs following the merger.
Jacob Barker of the Post-Dispatch contributed to this report.