# Bayer to invest EUR 220 million in new R&D facility at Monheim site

Bayer announced a EUR 220 million investment in a new Product Safety complex at its Monheim site in Germany, focusing on crop protection R&D. The facility will house approximately 200 employees.

- Type: Investment
- Announced: 2023-08-30
- Where: Monheim, Germany
- Value: $240.0M (220.0M EUR)
- Jobs: 200
- Status: announced
- Products: crop protection chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bayer](https://endata.com/companies/2148.md)

## Sources

- [bayer.com](https://www.bayer.com/media/en-us/bayer-to-invest-eur-220-million-in-new-rd-facility-at-its--monheim-site/), 2023-08-30: "This is the company’s largest single investment in its Crop Protection business in Germany since the founding of the Monheim campus in 1979."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.