ADM Oilseeds Plants in North Dakota and Ontario to Increase Processing Flexibility
April 27 2015 - 11:00AM
Business Wire
Increasing soy-processing capabilities to
enhance margins, meet customer demand in dynamic markets
Archer Daniels Midland Company (NYSE: ADM) today announced that
it is investing to give the company’s Enderlin, North Dakota,
processing plant the ability to crush soybeans in addition to
canola and sunflower seeds. At the same time, the company will
convert a canola processing line in Windsor, Ontario, to a flex
line that can also process soybeans.
“By increasing our crushing flexibility at these two facilities,
ADM will have the ability to drive margin-improvement and returns
as crop supplies and market demand shift, and as customers’ needs
change,” said John McGowan, president, North American Oilseeds.
“The Enderlin investment will help us capitalize on growing
soybean acreage in and around North Dakota, and the Windsor
investment will give us the flexibility to adjust our processing
mix to optimize the plant’s efficiency and profitability,” McGowan
added.
“Both investments represent important steps in our continuing
effort to optimize the core of our business and drive operational
efficiencies,” he said.
ADM is among the largest processors of oilseeds in North
America, producing protein meal, vegetable oils and other
value-added items for customers in the food, animal feed and
industrial sectors.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
the vital needs of a growing world. Today, we’re one of the world’s
largest agricultural processors and food ingredient providers, with
more than 33,000 employees serving customers in more than 140
countries. With a global value chain that includes more than 460
crop procurement locations, 300 ingredient manufacturing
facilities, 40 innovation centers and the world’s premier crop
transportation network, we connect the harvest to the home, making
products for food, animal feed, chemical and energy uses. Learn
more at www.adm.com.
Archer Daniels Midland CompanyMedia
RelationsJackie Anderson, 312-634-8484media@adm.com
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