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The Monsanto Company (/ m ɒ n ˈ s æ n t oʊ /) was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup , a glyphosate -based herbicide , developed in the 1970s.
John Francis Queeny (August 17, 1859 – March 19, 1933) was an American businessman, known for founding Monsanto Chemical Works (later Monsanto) in St. Louis, Missouri, on September 26, 1901, with $5,000. He named the company for his wife, Olga Mendez Monsanto.
Monsanto's daughter Olga Méndez Monsanto (1871–1938) was married to John Francis Queeny (1859–1933) of St. Louis, Missouri, who founded the Monsanto Chemical Company, naming it after his wife. [12]
Key developments at Monsanto 1901–1945: Monsanto is founded as a chemical company. 1945–1960: Monsanto begins producing agrochemicals. 1961–1982: Monsanto creates an agricultural division. It manufactures Agent Orange, which is later banned. 1982–2000: Monsanto starts its pivot into biotechnology.
The deal would allow Amazon to add the MGM library to the Amazon Prime Video catalog, with the studio continuing to operate as a label under the new parent company. [ 64 ] The merger was finalized on March 17, 2022, following the expiration of the FTC's review deadline [ 65 ] and having cleared the European Commission two days earlier on March 15.
The company, originally named Cadabra, was founded in the converted garage of Bezos's house for symbolic reasons and was renamed to Amazon in November 1994. [24] The Amazon website launched for public sales on July 16, 1995, and initially sourced its books directly from wholesalers and publishers.
After his father retired from the company, Edgar took over the leadership of Monsanto in 1928. [2] At this time, it had just been listed on the stock exchange as a public company. He led the company through the 1929 stock market crisis and its expansion into a major U.S. industrial company with a global presence before he retired in 1960.
Monsanto has also created two awards in his honor. On December 8, 1995, the agricultural company introduced the Franz Sustainability Award, which consists of an annual $100,000 prize given to the individual or team that submits the best environmental project for improvement in the areas of conservation, technology, and/or education. [15]