| 1980 |
Net earnings are $115,958,000 on net sales and other operating income of $2,802,011,000. Shareholders’ equity increases to $766,971,000. ADM Industrial Oils is established. The Peoria, Illinois, ethanol plant is purchased. |
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| 1981 |
ADM pays its 200th consecutive quarterly payment, a record of fifty years of uninterrupted stock dividends. An ethanol production plant starts up in Cedar Rapids, Iowa. |
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| 1982 |
ADM purchases Clinton, Iowa ethanol production plant. |
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| 1983 |
ADM acquires interest in A.C. Toepfer; establishes ADM Asia Pacific, Ltd., Hong Kong. |
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| 1984 |
President Ronald Reagan visits ADM. |
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| 1985 |
ADM acquires elevators from Growmark and establishes ADM/GROWMARK River Systems, Inc. |
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| 1986 |
Expansion in Europe: ADM acquires Unilever plants in Hamburg & Spyck, West Germany and Europoort, The Netherlands. |
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| 1988 |
ADM purchases the soy isolate business from Grain Processing and the sunflower and canola plant at Velva, North Dakota, from Midwest Processing Company, Inc. |
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| 1989 |
Net earnings are $424,673,000 on net sales and other operating income of $7,928,836,000. Shareholders’ equity increases to $3,033,503,000. |
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ADM constructs an industrial soy protein facility in Decatur. |
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| 1990 |
The veggie burger is introduced to the U.S. and U.S.S.R. markets. |
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| 1991 |
ADM enters citric acid business. Walhalla, North Dakota, ethanol plant bought. |
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| 1992 |
ADM builds pilot plant operations for canola oil-based biodiesel fuel in Leer, Germany. Former Soviet President, Mikhail Gorbachev, visits ADM. |
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| 1994 |
Asian expansion: Investments into Wilmar holdings, Singapore, are made with our main JV partner in Asia; first investment into China, East Ocean Oils & Grains (EOGI) in Zhangjigang, is initiated. |
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| 1996 |
Net earnings are $695,912,000 on net sales and other operating income of $13,314,049,000. Shareholders’ equity increases to $6,144,812,000. Total assets increase to $10,449,869,000. ADM World website is launched. ADM builds a new TVP plant at the Europoort facility. ADM purchases a twenty-two percent interest in Gruma S.A. de C.V. |
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| 1997 |
James R. Randall retires as president. G. Allen Andreas is named president and chief executive. ADM enters the cocoa business. Brazilian expansion: ADM acquires Glencore’s Brazilian grain operations, including a head office in Sao Paulo, approximately thirty-three grain elevators and a fertilizer processing plant. ADM acquires Moorman Manufacturing Company and subsidiaries. |
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| 1998 |
Nobel Peace Prizewinner and former Israeli Prime Minister Shimon Peres visits ADM. |
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| 1999 |
Dwayne Andreas steps down as chief executive and chairman and is named chairman emeritus. G. Allen Andreas steps down as president and is named chairman and chief executive. John D. McNamara is named President. ADM Rice Inc. forms, to be involved in the origination and export trading of rough-paddy rice and milled rice. |
