Bayer to close St. Joseph animal health plant, 130 jobs lost

4 years 3 months 3 weeks ago Wednesday, April 22 2015 Apr 22, 2015 Wednesday, April 22, 2015 5:23:29 AM CDT April 22, 2015 in News
By: The Associated Press

ST. JOSEPH (AP) - Bayer Corp. plans to close its animal health products plant in St. Joseph, costing 130 employees their jobs.

The company said in a statement Tuesday the plant would close by mid-year but sales of the products made there would continue until the inventory is gone.

Bayer said in February that it was looking for a buyer for parts of the Bayer HealthCare operation, which it bought from Teva Pharmaceutical.

The Kansas City Star reports Bayer earlier announced plans to invest $6.5 million in the plant and received offers for state and local incentives. However, the company decided not to pursue those incentives.

Bayer said a changed market left it with excess capacity and prompted the decision to close the plant.

 

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