ADM to Establish Tech Center in Erlanger, Kentucky
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) announced today that it has selected Erlanger, Kentucky, as the site for its new information technology and support center. The center, which will open in the second half of 2015, will be located on the same campus as ADM’s WILD Flavors Erlanger offices.
“We are excited to expand our presence and create jobs in Erlanger by establishing our new technology center there,” said Marty Schoenthaler, ADM’s chief information officer. “ADM is growing, and this new center will help ensure that our IT support and infrastructure are able to support that growth.
“We considered other locations, but in the end, co-locating this facility with our WILD Flavors offices in Erlanger offered us a wealth of advantages,” Schoenthaler added. “One of the ways in which ADM is making ongoing progress in enhancing returns is through careful consideration of costs throughout the business. In this case, we are controlling costs by using available space in a building we already own, and also by benefitting from tax incentives offered by the commonwealth. We will also be able to recruit from a strong local talent pool in northern Kentucky, and we will have quick and easy access to a major airport. This is a great example of the many synergies that we’re realizing following the WILD acquisition.”
The center will open in the second half of 2015 with approximately 100 contractors and ADM colleagues. The staff will eventually expand to approximately 200 ADM colleagues. The majority of the positions will be newly created as ADM expands its global IT support and infrastructure. In addition, 1ADM—the planning and implementation of the company’s new enterprise resource planning system—will be supported at the new facility.
ADM will maintain its existing IT center at the company’s North American headquarters in Decatur, Illinois, and will also continue delivering IT services from several other ADM locations throughout North and South America, Europe and Asia.
Eventually, ADM will be recruiting to fill a wide variety of positions at the Erlanger center, including project managers, business analysts and solution integrators.
The Kentucky Economic Development Finance Authority has preliminarily approved tax incentives of up to $5 million through the Kentucky Business Investment program. In order to qualify for the incentives, ADM has committed to recruit heavily in Kentucky for newly created positions at the center. KEDFA also approved ADM for tax benefits of up to $200,000 through the Kentucky Enterprise Initiative Act.
“I am delighted to celebrate ADM’s location of a new IT center in Erlanger,” said Kentucky Governor Steve Beshear. “This investment not only creates 200 high-paying jobs for the citizens of northern Kentucky, but it also demonstrates the company’s confidence in Kentucky’s quality workforce and business climate. I look forward to working with ADM as they continue to grow their presence in the commonwealth.”
“This is a great opportunity for talented professionals in Kentucky to join a growing IT team at a Fortune 30 company,” Schoenthaler added. “We look forward to working with local educational institutions, recruiters and community leaders as we begin to hire for this new facility.”
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 more than 33,000 employees serving customers in more than 140 countries. With a global value chain that includes more than 470 crop procurement locations, 285 ingredient manufacturing facilities, 40 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, chemical and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company