BREAKING : Bayer Plans to Contribute $8 Billion to New U.S. R&D After Meeting With Trump
After meeting with Trump, Bayer has committed to $8 billion in new U.S. research and development.
This is going to bring in THOUSANDS of jobs!
From Fox News Business:
German chemical giant Bayer AG is promising President-elect Donald Trump billions of dollars in research and development spending in the U.S., as well as what it is saying will be a significant commitment to create jobs, if its planned merger with Monsanto Co. (MON) receives the necessary regulatory approvals to proceed, the FOX Business Network has learned.
The commitment was made by Bayer’s CEO Werner Baumann and Monsanto chief Hugh Grant after days of negotiations with the President-elect and his senior transition staff, according to people with knowledge of the matter. Last Wednesday the pair of CEOs met with the incoming President at New York’s Trump Tower, where both executives discussed some of the benefits of the deal, which will need U.S. and European Union regulatory approval to proceed, these people say.
The exact nature of the commitment could not be immediately determined, but people with knowledge of the negotiations say company executives are pitching it as significant. Bayer is willing to create a multi-billion dollar spending package in the U.S., mostly focused on research and development, and produce jobs that one analyst says over time could meet or exceed the 800 jobs that Carrier Corp., agreed to keep in the U.S. after negotiations with the President-elect weeks ago.
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And to think President Elect hasn’t even taken office yet. He will make America great again! He has given us hope when we thought we had been forgotten. Obama has done nothing but made us weak. M A G A!!!
Amen To That… DJ!
Yes and maybe while Bayer is at it they can disclose why they gave 5 million boomers the deadly hepatitis virus via their plasma donation centers in the early 80’s.
I love Trump but anything having to do with Monsanto is sketchy business. I want to know what’s in my food and drugs and I certainly don’t want any GMO’s!
Not necessarily great news. Monsanto is EVIL and it sounds like the spending package is contingent on approval of the Monsanto/Bayer behemoth. NO GMO’S. Please tread carefully with this one, President Trump.