| 1940 |
New products development through research grows rapidly, turning raw linseed and crude soybean oil into several hundred different products. |
| |
|
| 1946 |
Current assets reach $50,284,312 with sales of $186,255,175. |
| |
|
| 1947 |
Net sales and other operating income increase to $297,429,912 and create record net earnings of $15,673,041. Shareholders’ equity rises to $54,748,884. Shreve M. Archer passes away and Thomas L. Daniels is elected president. Samuel Mairs is named chairman. |
| |
|
| 1952 |
The cost of property, plant and equipment is $54,107,838 exceeding $50 million dollars for the first time. The number of ADM employees grows to over 5,000. |
| |
|
| 1954 |
ADM purchases the resin division of U.S. Industrial Chemicals, with plants in Newark, New Jersey, and Pensacola, Florida. |
| |
|
| 1955 |
Samuel Mairs passes away. Another chairman will not be named until 1958. |
| |
|
| 1956 |
ADM pays its 100th consecutive quarterly payment, a record of twenty-five years of uninterrupted stock dividends. |
| |
|
| 1957 |
ADM enters the isolated soy protein business. |
| |
|
| 1958 |
T.L. Daniels steps down as president and is elected chairman. John H. Daniels is elected president. |
