As US corporations sell off property, Bayer puts its Chesterfield air hangars up for auction | Local Business
From www.stltoday.com
2021-08-21 21:05:00
Excerpt:
“What is not changing, however, is our commitment to the St. Louis area,” the company said in a statement.
Bayer did not quantify its staffing changes. At least two former employees of Bayer’s St. Louis-area operations confirmed that they were let go by the company this year.
One of them said that the hangar facility received plenty of use under Monsanto and would host meetings for high-ranking company officials and board members. That individual said the sale did not come as a surprise, considering Monsanto owned company planes and Bayer does not.
Widespread sell-offs
As Friday’s auctioneers can attest, Bayer isn’t alone in selling off corporate real estate.
Williams & Williams, based in Tulsa, Oklahoma, said that its “sellers were a little skittish at first,” when the coronavirus pandemic began. Then activity boomed.
“We had maybe one of our best years ever in 2020,” said Cindy Dees, vice president of marketing for Williams & Williams.
The auction company sold surplus…
