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ADM Acquires Interest in Ameriseed

01/07/2009
Archer Daniels Midland Company (NYSE: ADM) announced today that ADM Edible Bean Specialties, Inc. d/b/a ADM Seedwest, a wholly owned subsidiary, acquired 100 percent interest in AmeriSeed, LLC from Syngenta Seeds, Inc. and Basic American, Inc.

AmeriSeed specializes in the breeding of dry edible beans and carries a line of popular pinto, black and small red seeds, and will continue to operate in its current capacity. The AmeriSeed line of products expands Seedwest’s offering of dry bean seeds and enhances their ability to offer customers more choice in seed varieties.

Orders currently placed with Syngenta will be transitioned to Seedwest, which will take responsibility for delivery of seed for the 2009 shipping season. For questions or more information, customers should contact their local ADM Seedwest representative.

Seedwest offers retail plants and elevators a wide selection of dry bean seeds, including pinto, navy, black, light red kidney, dark red kidney, white kidney, cranberry, great northern, pink, small red and mayocoba, along with processor peas and green baby limas. The genetically pure and virtually disease-free seeds are produced in the ideal, arid climate of the western United States under a strict quality control program.

 

From:
ADM Media Relations
217/424-5413
media@adm.com