Gov. Branstad and Lt. Gov. Reynolds issue statements celebrating DowDuPont’s decision to locate Global Business Center in Iowa

(DES MOINES) – Governor Terry Branstad and Lt. Governor Kim Reynolds today issued statements regarding DowDuPont’s decision to locate Global Business Center in Iowa.

“We are proud that DowDuPont’s leadership has selected Iowa as its Global Business Center for its newly formed agriculture company. For the past few months, we’ve been in contact with officials at Dow and DuPont and have had the pleasure of showing them what Iowa has to offer, a world-class biosciences company,” said Branstad. “I am glad to say they agreed. We are anxious to help DowDuPont experience success in Iowa, by providing a foundation to build on and a business climate that nurtures growth.”

Reynolds concurred, “Iowa has a long history with Pioneer and its predecessor organizations. We are excited to continue that relationship well into the future with DowDuPont. Today’s announcement is a reason to celebrate -- keeping the research and development and business operations in Iowa solidifies DowDuPont in our state and positions us well to compete for future growth opportunities.”

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Grassley issue statement re: DowDuPont’s decision

Senator Chuck Grassley, Chairman of the Senate Judiciary Committee and member of the Agriculture Committee, made the following statement after DuPont and Dow announced the structure of the merged independent agriculture company.  DuPont’s agriculture business had been headquartered in Johnston, Iowa.

“The proposed DuPont-Dow merger left Iowans wondering about the future of an iconic Iowa company.  Today’s announcement may not be what we had hoped, but it underscores the value of Pioneer's outstanding employees and innovative research and development.  It’s further evidence that the people of Iowa are again our greatest asset.   I hope this new entity will continue to embrace the unique and strategic resources of Iowa and its workforce.

“Still at issue is the antitrust review which I’ll be keeping a close eye on.  Vigorous enforcement of the antitrust laws is imperative to maintaining an open, fair and competitive marketplace.   I’m continuing to listen to concerns from farmers and consumers about the merger.”

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Loebsack Statement on the DowDuPont Headquarters Announcement

Washington, D.C. – Congressman Dave Loebsack released the following statement today after DowDuPont announced that their new agriculture headquarters will not be headquartered in Iowa. The company also announced that they will continue to have a presence in Iowa by establishing a new agriculture unit in Johnston.

“Iowa’s farmers feed and fuel the world and together with Iowa’s universities, they create a world-class environment for research and development in ag sciences. While I am disappointed DowDupont did not choose Iowa for its global headquarters, I am pleased they will still continue to have a presence in our state when they establish a new agriculture unit located in Johnston.”

Last month, Loebsack joined the rest of the Iowa delegation in sending a letter to leaders of both Dow and DuPont highlighting the reasons that Iowa would be a great place to locate its agricultural company.

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