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IN THEIR OWN WORDS Congressman King on Dow-DuPont merger decision

IN THEIR OWN WORDS Congressman King on Dow-DuPont merger decision

Congressman Steve King released the following statement after Dow-DuPont announced they did not choose Iowa as the headquarter location for their new agricultural company: “Iowans have always ensured a safe and affordable food supply for not only the U.S. but for the world as well. As a result, this news is more than disappointing for our great state and for all the hard-working men and women who were laid off as a result of Dow-DuPont’s decision to locate their new agricultural headquarters elsewhere. My thoughts and prayers are with these families during this difficult time.

“Last month, I, along with the members of the Iowa delegation, sent a letter to the CEOs of DuPont and Dow, Mr. Edward Breen and Mr. Andrew Liveris. The delegation outlined, in this letter, the many benefits to making Iowa the home of the agricultural company that emerged from the Dow-DuPont merger. The letter stated, ‘We are proud of our state’s leadership in agricultural production – not only as the top biofuels producing state, but also as a world’s leader in corn and soybean output. For these reasons, and many others, Iowa would be a great home for your agriculture company.’ “Even though the news is disappointing, this decision does not alter the importance of the work done by Iowa’s agricultural community. Iowa is now, and will always be a leader in agriculture. I have long said all new wealth comes from the land. I hope Dow-DuPont will expand and produce more jobs in our state in the near future. Until then, I will work to bring back those jobs lost to Iowa.”

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