Golden Peanut and Tree Nuts to Upgrade, Modernize Argentina Plant

• Investment will add blancher, cold storage warehouse to facility

• Additions will increase company’s competitiveness in the EU and local markets

ALPHARETTA, Georgia, April 20, 2017—Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Company (NYSE: ADM), today announced that it is investing in a significant upgrade to its peanut processing facility in Alejandro Roca, Cordoba, Argentina. The upgrade plans include the addition of an in-house blancher and the construction of a cold storage warehouse.

“We’re continuing to upgrade our capabilities to serve customers in Argentina and Europe,” said Carlos Urquiza, president and general manager of Golden Peanut and Tree Nuts’ operations in Argentina. “An in-house blancher and onsite cold storage will enhance both peanut quality and peanut life at our Alejandro Roca facility. Combined with the new storage facility that we announced in January, the result will be substantially enhanced capabilities for Golden Peanut and Tree Nuts in Argentina—from more efficient unloading to the very highest quality products for our customers, both locally and in the EU markets that we serve from Argentina.”

The project will break ground in June 2017, and is expected to be complete in April 2018.

Golden Peanut and Tree Nuts, one of the world’s premier handlers and processors of peanuts and tree nuts, has announced or completed a wide range of significant expansion and improvement projects across its global network in the last year, both in the United States and in its international operations.

“We are committed to remaining the provider of choice for peanut and tree nut customers around the globe,” said Greg Mills, president, Golden Peanut and Tree Nuts. “Our customers expect the very best from Golden Peanut and Tree Nuts, and we are investing in our business to ensure we live up to those expectations.”

Suppliers or customers with questions about the Argentina facility should contact Greg Mills at (770) 752-8225.

About Golden Peanut and Tree Nuts

Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Company, is a leading handler and processor of peanuts and tree nuts. Headquartered in Alpharetta, Georgia, the company has 13 processing facilities in the U.S. and one in Argentina. In South Africa, Golden Peanut is the majority owner of peanut processing plants in Hartswater, Hoopstad and Jan Kempdorp, and is 51 percent owner of pecan processor and marketer GPC Pecan S.A.

About ADM

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
Media Relations
Jackie Anderson
312-634-8484
media@adm.com