- State-of-the-art facility will increase efficiencies, allow for organic growth
- New mill is latest in more than $250 million of investments in Illinois
Archer Daniels Midland Company (NYSE: ADM) announced today that it is
constructing a new flour mill in Mendota, Illinois. The high-capacity,
modern facility will allow the company to continue to meet growing
demand for flour throughout the Midwest.
“ADM’s new facility in Mendota will help us provide additional
capabilities to meet ongoing demand growth in the Midwest, where we are
seeing bakers expand their production capabilities,” said Mark
Kolkhorst, president, ADM Milling. “In addition, our new mill will
enable us to drive efficiencies, thanks to the use of new technologies
and equipment, and the ability to leverage capabilities of ADM’s
existing grain facility in Mendota—such as unloading 110-car shuttle
trains. We are pleased to expand our presence in Mendota and continue
investing in Illinois.”
During the last two years, ADM has announced projects totaling more than
$250 million in the state of Illinois, including the Mendota flour mill,
new Animal Nutrition production facilities in Effingham and Quincy, and
the company’s partnership with DuPont Industrial Biosciences to produce
furan dicarboxylic methyl ester (FDME) from fructose.
The new facility will have a daily milling capacity of 30,000 cwts, and
the ability to grind soft and hard wheat varieties in order to serve a
wide variety of customer needs. It is targeted to begin operations in
mid-2019. When it is fully operational, ADM intends to end production at
its current wheat mill in Chicago.
“We are continuing to create shareholder value by expanding
strategically and driving operational efficiencies,” Kolkhorst
continued. “We are excited about this important investment, and
committed to meeting our goals to deliver value for customers and
ADM Milling is one of the world’s largest flour millers, with multiple
wheat flour mills in the U.S. as well as in Canada, the Caribbean,
Central America and the United Kingdom.
Some of the above statements constitute forward-looking statements.
ADM’s filings with the SEC provide detailed information on such
statements and risks, and should be consulted along with this release.
To the extent permitted under applicable law, ADM assumes no obligation
to update any forward-looking statements.
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
approximately 32,000 employees serving customers in more than 160
countries. With a global value chain that includes approximately 500
crop procurement locations, 250 ingredient manufacturing facilities, 38
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