Clean Sweep Live Auction on Wed. February 27th. Click to view the full inventory

DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment




Business Affairs Homepage

Maybe competition is good for what 'ails' hospitals Mergers may be good for business, but what about patients?

Frost & Sullivan outline 10 growth factors for precision imaging market Market predicted to be more than $8 billion by 2027

RadNet buys Kern Radiology The Bakersfield, California imaging group includes four offices

More of GE healthcare unit could be on block: CEO CEO Culp speaks in post-earnings call after company exceeds Q4 expectations

Philips, Lunit, Vuno in healthcare AI deal Forging partnerships to advance AI applications

Trade war forcing Philips to move production between US, China CEO van Houten addresses company growth in earnings call

Aetna, Anthem, Health Care Service, PNC Bank and IBM collaborate on healthcare blockchain 'ecosystem' Increasing industry transparency

Clinical wearables – remaining competitive in an evolving market Insights from Ravi Kuppuraj, Business Leader of Connected Sensing Venture for Philips

Mass General plans $1 billion new building Adding a 12-story building with 450 single-bed rooms

iSchemaView, NeuroLogica partner for stroke care Bringing the RAPID platform to the portable CereTom CT

Bayer closing Pittsburgh operations to consolidate company

by Thomas Dworetzky , Contributing Reporter
Bayer AG is shutting down its Robinson Campus operations in Pittsburgh, Pennsylvania.

The Germany-based company will execute the planned shutdown over the next two years and about 600 workers will lose their jobs.

Story Continues Below Advertisement

Servicing GE Nuclear Medicine equipment with OEM trained engineers

We offer full service contracts, PM contracts, rapid response, time and material,camera relocation. Nuclear medicine equipment service provider since 1975. Click or call now for more information 800 96 NUMED

In a statement, the company said, “with the acquisition of Monsanto completed last year, we doubled the size of our business in the United States to more than $16 billion in sales, and we now employ more than 20,000 people in 300 locations across the country.

“As part of the work to bring our companies together and significantly improve productivity and profitability, Bayer announced in November 2018 that it will reduce 12,000 jobs globally by 2021.”

A Bayer spokesperson told HCB News that Bayer’s Radiology business is not impacted at their O’Hara Township, Saxonburg and Indianola, Pittsburgh locations, and, with 1,300 employees, Bayer will still have a strong presence in the area.

The company plans call for “consolidating administrative functions to best support our agriculture business, which is headquartered in St. Louis, and our healthcare businesses, which are headquartered in Whippany, N.J.”

A first step is the closing of the Pennsylvania administrative site. The jobs impacted will include 569 positions and 96 contractors.

“This is certainly a difficult decision, given the impact it will have on our colleagues and their families, and the important role the site has played in our company’s history,” said the company statement, adding that the closing will happen “in a thoughtful, orderly manner.”

Local officials were blindsided by the move.

“We’re shocked. We did not see this coming at all,” said Robinson Township Manager Frank L. Piccolino, according to TribLive, adding, “We feel bad for the families who worked there.”

Still, local officials expressed support for Bayer. Allegheny Conference on Community Development CEO Stefani Pashman told the local news site, “Bayer’s direct influence on our economy, as well as on our quality of life through its corporate social responsibility, spanned generations,” she noted, adding, “Bayer helped to pin Pittsburgh on the global map.”

The future may hold hope for laid-off workers, however, thanks to a strong local economy. Airport Area Chamber of Commerce president and CEO Chris Heck told TribLive that, “those jobs can easily be absorbed by the companies that are out here.”

Former Bayer CEO Attila Molnar, who retired in 2008, had noted that Pittsburgh was the “home and the hub of Bayer’s success in North America,” according to the news site, writing that, “Pittsburgh also is a city that has provided our employees – the source of every Bayer achievement – with an incomparable sense of community.”

For many years Pittsburgh had been the location of Bayer's North American headquarters, which moved to New Jersey in 2012, according to the Associated Press. The positions being cut include those in finance, accounting, legal and technology, according to the news agency.

Bayer closed its Monsanto acquisition in June 2018. At that time, Monsanto shareholders were paid $128 per share.

Chairman of the Bayer board of management, Werner Baumann, said in a statement at that time that, “our sustainability targets are as important to us as our financial targets. We aim to live up to the heightened responsibility that a leadership position in agriculture entails, and to deepen our dialogue with society.”

EDIT: This story was updated on 1/17/19 to clarify that Bayer’s Radiology business is not impacted at their O’Hara Township, Saxonburg and Indianola, Pittsburgh locations, and, with 1,300 employees, Bayer will still have a strong presence in the area.

Business Affairs Homepage

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2019 DOTmed.com, Inc.