ADM to Construct Feed Plants in China and Minnesota
May 05 2015 - 10:17AM
Business Wire
- Zhangzhou facility will serve growing
demand in southern China
- Glencoe, Minnesota, facility will
increase efficiency, production capacity
Archer Daniels Midland Company (NYSE: ADM) today announced that
it is building a new feed-premix plant in the city of Zhangzhou, in
southern China, bringing to four the number of plants in the
company’s premix network in the country. The company also announced
that it will build a new feed plant in Glencoe, Minnesota, to
support a growing market in the Midwest.
Zhangzhou, China
“Demand for safe, high-quality animal feed in China is growing,
and we are expanding our feed business there to meet that demand,”
said Brent Fenton, president, ADM Animal Nutrition. “China has
ambitious goals for food security and safety, which are creating
great opportunities to provide more of the consistent, quality feed
products that ADM is known for. This plant will be well-positioned
to serve Fujian, Guangdong, Guangxi and Hainan—four provinces with
substantial and growing swine, poultry and aquaculture
industries.”
The Zhangzhou plant, which is expected to be complete in the
fourth quarter of 2016, will manufacture a range of nutritional
feed premixes that can be added to animal rations to promote good
health and optimal growth. Such premix formulas typically contain
various vitamins and minerals, amino acids such as lysine and
threonine, and special feed additives, among other ingredients. ADM
will manufacture an estimated 30,000 metric tons of premix products
per year at the Zhangzhou facility, which will also provide 80,000
metric tons of additional capacity for the production of complete
feeds and concentrates. The facility is expected to employ about
150 people, and will complement ADM’s existing premix facilities in
Dalian and Tianjin, in northern China; and a facility under
construction in Nanjing, in eastern China.
Glencoe, Minnesota
The new, fully automated feed facility in Glencoe, adjacent to
ADM’s existing mill, is expected to be complete in the first
quarter of 2016. It will serve customers in Minnesota, Wisconsin
and Iowa. ADM will be able manufacture about 80,000 metric tons of
products per year at the facility.
“A new, automated facility in Glencoe will help us drive
operational efficiencies and better meet customer needs for swine
and cattle feed products,” Fenton said. “With these new plants in
Minnesota and China, we are better able help to meet the needs of
livestock producers around the world.”
Forward-Looking Statements
Some of the above statements constitute forward-looking
statements. ADM’s filings with the SEC provide detailed information
on such statements and risks, and should be consulted along with
this release. To the extent permitted under applicable law, ADM
assumes no obligation to update any forward-looking statements.
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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