Saturday, September 04, 2010
Bayer Corp. CEO Speaks At Business Conference
WEST VIRGINIA....
Bayer Corp. CEO Greg Babe urged West Virginia business leaders to push for judicial and tax reform during Wednesday's state Chamber Business Summit. More than 700 people are attending the business conference this week at The Greenbrier resort. Babe, who oversees Bayer's North American operations, says West Virginia's tax on inventory and equipment penalizes businesses that want to expand and spend money to upgrade facilities. Babe says, unless the state modifies its tax structure, it will fail to attract significant capital investment.
Bayer Corp. CEO Greg Babe urged West Virginia business leaders to push for judicial and tax reform during Wednesday's state Chamber Business Summit. More than 700 people are attending the business conference this week at The Greenbrier resort. Babe, who oversees Bayer's North American operations, says West Virginia's tax on inventory and equipment penalizes businesses that want to expand and spend money to upgrade facilities. Babe says, unless the state modifies its tax structure, it will fail to attract significant capital investment.
# posted by Homer Owens @ 6:37 PM 
