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The Monsanto Company ( / mɒnˈsæntoʊ /) 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. Later, the company became a major producer of genetically engineered crops.
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The Monsanto Chemical Works was founded in 1901 by John F. Queeny (1859–1933), a purchasing agent for a wholesale drug company, to manufacture the synthetic sweetener saccharin, then produced only in Germany. Queeny invested $1,500 of his own money and borrowed another $3,500 from a local Epsom salts manufacturer to launch his new company ...
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Oct 28, 2008 · A post on Facebook lists over 60 brands/companies owned by Monsanto. Origins: The list reproduced above purportedly details a wealth of food-related companies or brands supposedly owned by ...
- Early 20Th-Century Origins
- Expansion and New Leadership in The Postwar Period
- Company Perspectives
- Legal Challenges in The 1970s and 1980s
- Key Dates
- Early 1990s Transitional Period
- Monsanto Reinventing Itself: 1990s
- Reorganizing in 2000 and Beyond
- Principal Subsidiaries
- Principal Competitors
Monsanto traces its roots to John Francisco Queeny, a purchaser for a wholesale drug house, who formed the Monsanto Chemical Works in St. Louis, Missouri, in order to produce the artificial sweetenersaccharin. By 1905 John Queeny's company was also producing caffeine and vanillin and was beginning to turn a profit. In 1908 Queeny felt confident eno...
Largely unknown by the public, Monsanto experienced difficulties in attempting to market consumer goods. However, attempts to refine a low quality detergent led to developments in grass fertilizer, an important consumer product since the postwar housing boom had created a strong market of homeowners eager to perfect their lawns. In the mid-1950s Mo...
We will deliver high-quality products that are beneficial to our customers and for the environment, through sound and innovative science, thoughtful and effective stewardship, and a commitment to safety and health in everything we do. Under Hanley, Monsanto more than doubled its sales and earnings between 1972 and 1983. Toward the end of his tenure...
During this time, public concern over the environment began to escalate. Ralph Nader's activism and Rachel Carson's book The Silent Spring had been influential in increasing the American public's awareness of activities within the chemical industry in the 1960s, and Monsanto responded in several ways to the pressure. In 1964 the company introduced ...
1901:
1. Monsanto Chemical Works is formed to produce saccharin; caffeine and vanillin are soon added.
1915:
1. Sales exceed $1 million.
1955:
1. Lion Oil is acquired.
Monsanto had expected to celebrate 1990 as its fifth consecutive year of increased earnings, but numerous factors—the increased price of oil due to the Persian Gulf War, a recession in key industries in the United States, and droughts in California and Europe—prevented the company from achieving this goal. Net income was $546 million, a dramatic dr...
Monsanto expected to see growth in its agricultural, chemical, and biotechnological divisions. In 1993, Monsanto and NTGargiulo joined forces to produce a genetically altered tomato. As the decade progressed, biotechnology played an increasingly important role, eventually emerging as the focal point of the company's operations. The foray into biote...
Three years after the spinoff of the chemicals business, the two remaining Monsanto businesses, agriculture and pharmaceuticals, were separated in 2000 as Monsanto Company merged with Pharmacia & Upjohn Inc., creating a company that, for the moment had a market cap of more than $50 billion. The agricultural products business was incorporated as a M...
Asgrow Seed Company LLC; Channel Bio Corp.; Corn States Hybrid Service L.L.C.; DEKALB Genetics Corporation; Emergent Genetics, Inc.; Holden's Foundation Seeds L.L.C.; Mahyco-Monsanto Biotech Ltd. (India); Monsanto Ag Products LLC; Monsanto Argentina S.A.I.C.; Monsanto Australia Ltd.; Monsanto Canada, Inc.; Monsanto do Brasil Ltda. (Brazil); Monsant...
BASF Aktiengesellschaft; Bayer CropScience AG; Dow AgroSciences LLC; DuPont Agriculture & Nutrition; Pioneer Hi-Bred International, Inc.; Syngenta AG.
Oct 31, 2021 · A Q&A with author Bartow J. Elmore on the history of Monsanto and the dangers of using genetic engineering to boost the world’s food supply. October 31, 2021 at 8:00 AM EDT By Amanda Little
Nov 11, 2009 · November 11, 200912:16 AM PSTUpdated 15 years ago. (Reuters) - Over its 108-year history, Monsanto Co, the world's largest seed company, has evolved from primarily an industrial chemical concern ...
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. It genetically engineers a plant cell in 1982, commercializes the first ...
