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Archer Daniels Midland Company to Build Sweetener Product Transfer Terminal in Chattanooga, Tenn.

Archer Daniels Midland Company (NYSE: ADM) today announced plans to construct a terminal facility in Chattanooga, Tenn., to transfer liquid and dry bulk sweetener products from railcars to trucks for customer delivery. The terminal, which will handle corn syrup, high fructose corn syrup, dry dextrose, dry starch, and dry and liquid sugar, will include a 50,000 square-foot warehouse and comprise 17 acres in Chattanooga’s Enterprise South Industrial Park.

“The new sweetener terminal will expand our warehousing and sugar melting capabilities in the region and allow ADM to more efficiently meet our customers’ needs for sweetener products,” said Chris Cuddy, ADM’s vice president and general manager, Sweeteners and Starches. “The location provides access to the major railroads in the area and is well-positioned to serve our customers in several Southeastern states.”

Construction of the facility, pending city and county approval, is expected to begin in May and be completed by the summer of 2012.

When completed, ADM will consolidate the operations of the company’s Jersey Pike and River Bend terminals in Chattanooga and its terminal in Cleveland, Tenn., into the new Chattanooga facility. Including truck drivers, more than 25 ADM employees will be based at the new facility.

“We applaud ADM for making this investment,” said Chattanooga City Mayor Ron Littlefield. “This investment will also allow area businesses to transport their goods more quickly and easily, which will improve the efficiency of their operations and also increase their revenues.”

“ADM’s decision to relocate its operations is a move that will not only allow it to better serve its local customers, but will also create a substantial economic advantage for the entire community,” said Hamilton County Mayor Jim Coppinger.

ADM Media Relations