PITTSBURGH — Bayer Corp.’s sales climbed 13.6 percent in 2000, topping the $10 billion mark for the first time, a result of the successful integration of recent acquisitions and the added capacity and efficiencies Bayer is realizing through its 10-year capital-investment initiative.
“Our cost-savings efforts and our capital-investment program paid strong dividends in 2000, helping us increase sales and remain profitable despite rising energy and raw-material costs,” said President and CEO Helge H. Wehmeier. “Bayer is also harnessing e-commerce to lower its procurement costs, streamline order processing and customer service, and better manage its customer relationships.”