Archer Daniels Midland : ADM Oilseeds Plant in Missouri to Expand Storage Capacity
October 01, 2015 at 03:16 pm EDT
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10/1/2015
Local farmers to benefit from increased capacity, more efficient operations in Deerfield, Missouri
DEERFIELD, Mo., Oct. 1, 2015-Archer Daniels Midland Company (NYSE: ADM) today announced that it is investing to create an additional 2.5 million bushels of soybean storage at the company's Deerfield, Missouri, processing plant.
'Our local farmer suppliers are a vital part of our business in Deerfield, and we hope that they will be as excited as we are about expanding our bean storage capacity here,' said Tim Cassidy, commercial manager of the Deerfield plant. 'This gives us the opportunity to receive more soybeans from our farmer partners in the Deerfield region, and to handle those crops more efficiently. We're thrilled to be expanding our storage capacity in Deerfield, and look forward to continuing to be the destination of choice for farmers.'
Construction of the additional capacity will be complete in Q4 of 2015.
About ADM Deerfield
In 2011, ADM began operating the soybean processing facility at Deerfield. Today, the facility, which employs 78, purchases soybeans from local farmers, and transforms those into animal feed and vegetable oil for biodiesel. Last year, ADM spent more than $3.5 billion with farmers and other businesses in Missouri.
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, industrial and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company
Media Relations
Jackie Anderson
media@adm.com
217-424-5413
Archer-Daniels-Midland Company is one of the world's leading transformers of agricultural products into food ingredients, fuels, and industrial products. Net sales break down by activity as follows:
- agricultural services (78.3%): manufacturing and sale of oilseed-based products, raw materials trading, transportation, storage, etc.;
- manufacturing and sale of cereal grain-based products (13.8%): flours, starches, glucose, acidulants, sweeteners, dextrose, amino acids, etc.;
- manufacturing of flavors and ingredients (7.5%);
- other (0.4%).
Net sales are distributed geographically as follows: the United States (42.6%), Switzerland (21.5%), Cayman Islands (5.8%), Brazil (3.9%), Mexico (3.7%), Canada (2.2%), the United Kingdom (2.2%) and other (18.1%).
ARCHER-DANIELS-MIDLAND COMPANY 
