Skip to content
Subscriber Only

Bayer-Monsanto Pledge Investment, Jobs After Trump Meeting

  • Both companies’ CEOs met with president-elect last week
  • Trump team says Bayer promised to add 3,000 jobs at Monsanto
A blister pack containing Femoden oral contraceptive tablets, produced by Bayer AG, sits on a pharmacy counter in this arranged photograph in London on Dec. 29, 2016.
Updated on

Bayer AG and Monsanto Co. promised President-elect Donald Trump $8 billion of investment in the U.S. and thousands of new jobs should the companies’ planned merger, the biggest-ever in agriculture, clear regulatory approvals.

Bayer Chief Executive Officer Werner Baumann promised to add 3,000 jobs at Monsanto while keeping its headquarters in St. Louis after the deal is completed, Trump spokesman Sean Spicer said Tuesday.