Now that DowDuPont is three independent, publicly traded companies, they have announced their new U.S. site structure.
The headquarters, with the office of the CEO and corporate support functions, will be located in Wilmington, Delaware. The Global Business Centers will be located in Johnston, Iowa, and Indianapolis, Indiana and will be in charge of the leadership of business lines, business support functions, R&D, global supply chain, and sales and marketing capabilities in the area.
“This efficient structure takes full advantage of the unique expertise and resources that exist in each location, enabling us to deliver the long-term opportunity for the leading global Agriculture company we intend to create,” Edward D. Breen, chairman and chief executive officer of DuPont, said. “Our deep presence in Iowa and Indiana will continue the close ties to our customer base and the broader Agriculture community, while leveraging the existing corporate infrastructure and expertise we have in Delaware – DuPont’s home for more than 200 years.”
Cost discipline and efficiency were the top concerns with the structuring of the agriculture company so that the business can achieve the $1.3 billion in synergies previously posted.
“We want to thank the leaders of each state for a highly constructive, cooperative process to achieve the best possible approach that leverages key advantages in each location.” Breen said, “As we advance plans for the intended merger, DuPont and the state of Delaware are committed to leveraging our respective science infrastructures and competencies to nurture the emerging science and technology innovation hub in the state.”
Alerts Sign-up