Bunge To Move World Headquarters To St. Louis
Cementing St. Louis, Mo.’s status as the emerging capital of agricultural technology in the U.S., agriculture giant Bunge Corporation announced August 13 that it is moving its world headquarters from White Plains, N.Y. to the St. Louis metropolitan area. The company already has a presence in St. Louis, including its North American headquarters in the suburb of Chesterfield.
The company is in the early planning stages of the transition to the new global headquarters, which is expected to be completed by the end of the second quarter 2020. The move will make Bunge the second-largest public company in St. Louis.
The company said the move “allows the company to leverage shared capabilities and enhance collaboration.” The company didn’t say how many jobs, if any, the move would add to the region.
“While St. Louis is already an important hub for Bunge and our current North American operations, the city is also home to a number of food, agriculture, animal health and plant science organizations and customers,” said Gregory A. Heckman, Bunge’s CEO. “Moving the global headquarters to a location where Bunge has a major business presence is a big step forward in shifting the company’s operating model to align around a more efficient, streamlined global business structure. We are grateful to have called White Plains home for many years, and now look forward to the new growth and development opportunities which our expanded St. Louis presence will provide.”
Bunge is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s network serves more than 70,000 farmers and their consumers across the globe. The company has 31,000 employees worldwide who stand behind more than 360 port terminals, oilseed processing plants, grain silos and food and ingredient production and packaging facilities around the world.