VIDEO: Andrew Liveris speaks out on DowDuPont merger - WNEM TV 5

VIDEO: Andrew Liveris speaks out on DowDuPont merger

Posted: Updated:
Andrew Liveris (Source: WNEM) Andrew Liveris (Source: WNEM)

Dow Chemical finalized its merger with DuPont Thursday, Aug. 31 and now DowDuPont Executive Chairman Andrew Liveris is discussing the impact the move will have on Mid-Michigan.

TV5's Alana Holland spoke with Liveris on Sept. 1 about the companies joining forces and plans to divide DowDuPont into three separate, independent companies.

Liveris said that Mid-Michigan will house the Material Sciences business, and Midland will continue to serve as headquarters and the center for Research and Design.

The spin-off of those three companies is expected to occur within 18 months.

He also said that no initial job cuts are being made, other than the ones that happened when Dow Corning went back under the umbrella of Dow Chemical.

Liveris also discussed the impact of Hurricane Harvey on facilities in Texas.

>>Uncut interview with DowDuPont Executive Chairman Andrew Liveris<<

DuPont, based in Wilmington, Delaware and founded in 1802, employed about 46,000 workers prior to the merger, according to its annual report. Dow Chemical, based in Midlands, Michigan employs about 56,000 people.

The company has dual headquarters in Michigan and Delaware.

The companies announced their plans to merge in December 2015.

Stay with TV5 on air, online and on our mobile app for more. 

Copyright 2017 WNEM (Meredith Corporation). All rights reserved. 

Powered by Frankly
Powered by WorldNow CNN
All content © 2018, WNEM; Saginaw, MI. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.