Archer Daniels Midland Company (NYSE: ADM) will build a state-of-the-art
cocoa processing facility in Kumasi, Ghana. The facility will use the
latest technology in cocoa bean processing, assuring high quality cocoa
products to meet ADM’s growing global customer needs.
The plant will diversify and expand ADM’s global cocoa origination and
processing operations into a strategically important location. In
addition, the Ghana processing plant will bring value to ADM’s customers
by offering cocoa products from a single source origin.
“This investment demonstrates ADM’s commitment to expand our premier
position in the agricultural processing value chain,” commented Mark
Bemis, president, ADM Cocoa. “Our strategy includes the geographic
expansion of our food processing and distribution network.”
“It also represents Ghana’s growing importance in the cocoa processing
value chain. By locating the plant in Kumasi, we will be processing
cocoa closer to the farmers and providing local jobs to the community,”
Bemis said. “In addition, it fits securely within the Ghanaian
government’s strategic and economic objectives of adding value to its
Construction, pending final permitting approvals, is set to begin this
ADM is a global leader in cocoa processing with plants in North and
South America, Europe, Asia and Africa.
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy
and has a premier position in the agricultural processing value chain.
ADM is one of the world’s largest processors of soybeans, corn, wheat
and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean
oil and meal, corn sweeteners, flour and other value-added food and feed
ingredients. Headquartered in Decatur, Illinois, ADM has over 26,000
employees, more than 240 processing plants and net sales for the fiscal
year ended June 30, 2006 of $37 billion. Additional information can be
found on ADM’s Web site at www.adm.com/.
ADM Media Relations