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Tank cars on the train carried a chemical used to make wood preservatives and "small quantities of a dioxin called 2, 3, 7, 8, TCDD... formed as a part of the manufacturing process." [21] 1985: Acquisitions: Monsanto purchases G. D. Searle & Company for $2.7 billion in cash. [22] [23] 1986: Products
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.
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]
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.
The earliest known use of the name America dates to April 25, 1507, when it was applied to what is now known as South America. [1] It is generally accepted that the name derives from Amerigo Vespucci , the Italian explorer, who explored the new continents in the following years on behalf of Spain and Portugal , with the name given by German ...
In 1982 DeKalb formed a joint venture with Pfizer, called DeKalb-Pfizer Genetics, and in 1985 the name was changed to DeKalb Corporation. The seed business was spun off as DeKalb Genetics Corporation in 1988. [4] Monsanto first entered the corn seed business when it purchased 40% of DeKalb in 1996. It purchased the remainder of the corporation ...
Solutia and its parent company Monsanto agreed in 2003 to pay $700 million to settle claims by 20,000 Anniston, Alabama residents over PCB contamination. [9] Monsanto documents indicate that the company routinely dumped PCBs in the land and water supply of Anniston and covered up its behavior for more than 40 years. [10]
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.