Archer Daniels Midland Company

Description

Archer-Daniels-Midland Co is an American multinational company that is engaged in food processing.

The multinational firm is based in Chicago.

Founders George A Archer and John W Daniels set up the firm in 1902.

The company transports, procures, merchandises, and stores agricultural products and commodities. It processes corn, oilseeds, peanut, barley, oats, wheat, and milo.

The American company also produces items that primarily have two-end uses either as feed ingredients or food.

The firm operates in the consumer staples sector and wholesale-consumer sub-industry. It is listed on the New York stock exchange under the stock quote of ‘ADM’.

The food processing company organizes its business in three segments such as Carbohydrate Solutions, Oilseeds and Ag Services, and Nutrition.

The oil seeds and Ag services segment is inclusive of merchandising and global activities related to origination, storing agricultural raw materials, and transportation.

The carbohydrate solutions segment caters to activities like conversion of wheat and corn into ingredients and products that are used in wide variety of beverages and food, including wheat starches, sweeteners, corn, syrups, dextrose, and flour.

Lastly, the nutrition is engaged into sale, manufacturing, distribution and sale of solutions and various ingredients. Some of the product offerings under this segment includes flavor systems, emulsifiers, enzymes, feed ingredients, specialty foods, plant-based proteins, and soluble fiber.

The US-based company provides farmer services and financial services and is involved in animal nutrition, fuel and industrials, construction, chemicals, personal care, packaging, pulp & paper, feed additives, etc.

It provides various value-added solutions that maximizes its profitability and supports changing consumer trends.

The food processing firm claims to operate through a team of more than 140 technicians, industry experts, and scientists.

It has its presence in 28 countries with nearly 107 production units. The multinational food processing firm claims to have expertise in the business for over 120 years now.

Apart from 107 production units, the company also owns and operates via 13 research centers.

It focuses on leveraging the modern technology and innovation powered by science and driven by knowledge.

The company provides animal nutrition products under a portfolio of brands, namely SparkHub, e-nnoSpark, InnoSpark.

The food processing firm’s subsidiaries are Wild, Neovia Sarl, ADM France, Sermix, Wild flavours, Stratas Foods LLC, Neovia, ADM Japan Ltd, ADM GermanyGmbH, ADLM Agro SRL, Rodelle Inc, Naviera Chaco SRL, and Harvest Innovations LLC.