Bayer USA
From Wikipedia, the free encyclopedia
| Bayer USA, Inc. | |
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| Type | Public (NYSE: BAY ) |
|---|---|
| Founded | 1863 |
| Headquarters | Robinson, Pennsylvania |
| Key people | Dr. Atilla Molnar, President and CEO |
| Industry | Pharmaceuticals |
| Products | prescription drugs nutritional supplements diagnostic products veterinary products fungicides insecticides methylcellulose polyurethane |
| Revenue |  $27.38 billion USD (2004) |
| Employees | 315,000 (2004) |
| Slogan | Science for a Better Life |
| Website | www.bayerus.com |
Bayer USA is the Pittsburgh-based American arm of Bayer. Its headquarters are located in Robinson, a Western suburb of the city. In addition to these main offices, it has 30 additional corporate centers in 17 states from California to Georgia to Massachusetts.
Bayer began marketing in America soon after the company's inception in Germany. In the late 1800s, they began to sell their trademark medication, aspirin. While the name aspirin became synonymous with Bayer for over a quarter of a century, the company lost the naming right during World War I, due to the company's German origin. Bayer returned to the United States in 1978 with the purchases of Miles Laboratories and Cutter Laboratories, which returned some of the company's most famous products (Alka-Seltzer, One-A-Day, etc.) to their corporate umbrella. In 1994, Bayer finally reaquired full rights to all former Bayer products after they purchased the Winthrop division of over-the-counter drugs from GlaxoSmithKline.
Famous Bayer over-the-counter products include Aleve, Bayer Aspirin, Alka-Seltzer, Phillip's Laxatives, Bactine, One-A-Day, Flintstone Vitamins, and Midol. The company also markets prescription medications, animal medications, and diagnostic and medical testing equipment. Aside from the medical arm of the company, Bayer also creates many different chemicals and agricultural products.
[edit] Bayer USA subsidiaries
- Main article: List of assets owned by Bayer USA
- Bayer USA Crop Science
- Bayer USA Healthcare
| Pittsburgh-based Corporations (Within the Pittsburgh Metro Area) |
|---|
| Pittsburgh-based Fortune 500 Corporations: U.S. Steel | PPG | H.J. Heinz | PNC Financial | Mellon Financial | WESCO International |
| Pittsburgh-based Fortune 1000 Corporations: Allegheny Energy | Consol Energy | Allegheny Technologies | Dick's Sporting Goods | Kennametal | American Eagle Outfitters | Wheeling-Pittsburgh Steel | Mylan |
| Pittsburgh-based Forbes Largest Private Companies: 84 Lumber | GNC | Giant Eagle | Sheetz |
| Externally owned, regionally based, and other Pittsburgh corporations: American Bridge | Ampco Pittsburgh | Bayer USA | Calgon Carbon | Dollar Bank | DQE Holdings | Eat'n Park | Federated Investors | FedEx Ground | GlaxoSmithKline | Guru.com | Highmark | iGate | Koppers | Michael Baker | Mine Safety Appliances | NOVA Chemicals | Oxford Development | Pittsburgh Brewing Company | Respironics | rue21 | University of Pittsburgh Medical Center | Vivisimo | Wabtec |
