| Organization's Mission Statement: Bayer Corporation, headquartered in Pittsburgh, is the U.S. holding company of
the worldwide Bayer Group, an international health care and chemicals group
based in Leverkusen, Germany. Bayer employs 23,300 in North America with net
North American sales of 8.8 billion euros in 2003. Bayer's four operating
business areas -- HealthCare, CropScience, Polymers and Chemicals-- produce a
broad range of products that help diagnose and treat diseases, purify water,
preserve local landmarks, protect crops, advance automobile safety and
durability and improve people's lives.
The Bayer Group has 115,400 employees. Its stock is a component of the DAX and
is listed on the New York Stock Exchange (ticker symbol: BAY). For 2003, the
Group recorded sales of 28.6 billion euros and a group net loss of 1.4 billion
euros. Capital expenditures totaled 1.7 billion euros, and 2.4 billion euros was
invested in research and development. |
