User Login    
 + Register
News : Bayer Healthcare To Invest $6.5 Million In St. Joseph
Posted by Randy on 2014/1/21 10:10:00 (2072 reads) News by the same author

(NewsPressNow.com) - Bayer HealthCare announced plans Monday for about $6.5 million of investments to its St. Joseph manufacturing operations.

Click to see original Image in a new window

The German-based company said it will combine and transfer operations from its three locations in the St. Joseph area into one site.

“Investment will begin in 2014 and end in 2015,” Bayer spokeswoman Lauren Dorsch told the News-Press. She said the company’s investments in Missouri and Kansas aim to enhance its research and development capabilities while growing operations and efficiency.

“One year post-acquisition, this is the next logical step in the integration process,” said Steve Meeker, vice president for animal health in Bayer’s U.S. Animal Health division. “The employees of the St. Joseph Product Supply Manufacturing site have done an excellent job in delivering quality products on a timely basis for support of our commercial requirements.”

Mr. Meeker said the changes could result in personnel changes in the next 1 to 2 years, but added it’s too soon for the company to specify the impacts. Bayer employs about 200 people in St. Joseph.

An analysis identified overlaps in technology and operating processes with a Bayer supply center in Shawnee, Kan. — leading to the decision.

“The St. Joseph Supply Center will continue to be an important part of Bayer’s supply strategy and, as such, we have decided to invest” in upgrading the St. Joseph campus, he added.

The company took over the local facilities in January 2013 after its acquisition of the U.S.-based animal health business of Teva Pharmaceuticals Industries. Bayer said the acquisition strengthened its food animal business through a range of anti-infectives, anti-inflammatories, and reproductive hormones. The move also led the company to build its companion animal veterinary business from an expansion of its portfolio with dermatological, pet wellness, and nutraceutical products.

Altogether, Bayer will invest an estimated $10 million among sites in Missouri and Kansas in the Greater Kansas City area and its Animal Health Corridor. An estimated $3.5 million will be spent at the Shawnee site.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2015/8/3 6:53:42 - 9-Year-Old Bat Boy Dies After Being Struck By Bat At KS Game
2015/8/3 6:42:47 - Two Teens Injured in Accident Near Utica
2015/8/3 6:29:05 - Cameron Man Injured In Early Morning Accident
2015/8/3 5:44:57 - Man Attacks Neighbors With Ax
2015/8/3 4:25:25 - Company Asks Missouri To Rethink Grain Belt Express Power Line
2015/8/3 4:21:56 - Country Showdown Winner From Kansas City
2015/8/3 4:16:51 - More Drownings This Year in Missouri Than All Of Last Year
2015/8/3 4:05:12 - Woman Sues Credit Reporting Firms For Declaring Her Dead
2015/8/2 9:59:36 - Trenton Firefighter Dies In Accident
2015/7/31 6:50:00 - Chillicothe To Receive New 79 Room Hotel
2015/7/31 6:40:00 - Rabbit, Poultry And Dairy Show Results From NCM Fair
2015/7/31 4:53:31 - Wheat Yields Good In MU Variety Tests
2015/7/31 4:48:25 - Carthage Couple To Stand Trial In Abuse Of 1-Month-Old Baby
2015/7/31 4:39:49 - Feds: Man's Own Security System Caught Him Dealing Drugs
2015/7/31 4:35:24 - Woman Rushes To Ailing Mom's Side, Leaves 4 Young Children Home Alone
2015/7/31 4:26:49 - Harrison County Man Arrested For Abuse After Child Found On Highway
2015/7/31 4:21:54 - "Exorcism" At Public Park Caught On Camera
2015/7/31 4:18:14 - Woman Accused Of Getting 13-Year-Old Drunk, Raping Him
2015/7/31 4:09:51 - Country Showdown Begins At 7:30 Tonight At NCM Fair
2015/7/31 4:03:01 - Livingston County Sheriff Hires New Deputy
2015/7/31 3:59:24 - Chillicothe Police Department Blotter
2015/7/31 3:57:05 - Chillicothe Police Department To Hold Softball Event
2015/7/30 14:21:48 - Endangered Person Advisory Issued For Missing Princeton Girl
2015/7/30 7:54:33 - Circuit Court In Trenton Sees A Variety Of Cases
2015/7/30 6:46:10 - Northwest Missouri Man Injured In Tuesday Night Accident
2015/7/30 6:40:44 - Two Trenton Residents Injured In Schuyler County Accident
2015/7/30 6:30:00 - Trenton Man Charged With Domestic Assault
2015/7/30 6:26:05 - Iowa Man Injured In Accident South Of Eagleville
2015/7/30 5:58:21 - Swine And Goat Show Results From North Central Missouri Fair
2015/7/30 4:29:28 - Facebook Scam Preyed On Grieving "Angel Mom"



Bookmark this article at these sites

                   

Listen to KTTN-FM