The change is being made to make sure of “shared capabilities and enhance collaboration,” according to information from the New York-based grain trading company. The move is in the early stages and completion is anticipated by the latter half of 2020.
“While St. Louis is already an important hub for Bunge and our current North American operations, the city is also home to a number of food, agriculture, animal health and plant science organizations and customers,” said Gregory Heckman, Bunge’s CEO. “Moving the global headquarters to a location where Bunge has a major business presence is a big step forward in shifting the company’s operating model to align around a more efficient, streamlined global business structure.”
“We are grateful to have called White Plains home for many years, and now look forward to the new growth and development opportunities which our expanded St. Louis presence will provide,” he added.
Source:: Daily Times