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Later this year. Two giant Chemical Companies dow and dupont are expected to merge. Combined, the new Dowdupont Company will be worth 130 billion. The Massive Company will spin off into three Smaller Companies one focused entirely on agriculture. Iowa leaders had hoped that company would be headquartered in johnston. Home of pioneer. Channel 13s Reid Chandler has been following this story and joins us now. Reid, today we learned johnston will not get the headquarters for this new ag company, but leaders are still praising the deal theyve reached . Theyre calling it a victory. New ag spinoffs headquarters, but it will be called the Global Business center for the ag company. And the state of iowa is giving dow dupont over 17 Million Dollars to retain research and Development Jobs here in johnston. 5 09 46 you know, we have been named the Global Business center for the seed and the biotech business of the nene merged company. So thats what we really want to be, thats what our strength is.

United statesGus wellNorth dakotaSouth carolinaDistrict of columbiaDecatur countyHarper leeDebi durhamMarco rubioClinton bernie sandersReid chandlerSteve handelsmanJohn kasichErin kiernanTed dansonJeb bush