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In 1990, Archer Daniels Midland purchased the plant for $14 million. [13] In 2017, Archer Daniels Midland announced that it intended to build a new plant in Mendota, Illinois and close their plant in Chicago. [13] [14] In 2018, the plant was sold to Sterling Bay for approximately $25 million.
In 1969, ADM relocated its headquarters from Minneapolis to Decatur, Illinois, a location closer to the company's soybean processing operations. [ 25 ] [ 26 ] At this time, it was already considered one of the world's largest agribusiness company, with a labor force of more than 24,000 employees.
He paid $45,000 and spent three years rebuilding and upgrading the plant with capital that he had raised from stockholders. [6] The factory began processing on March 12, 1912. [7] A. E. Staley became one of the largest processors of corn in the United States, second only to Archer Daniels Midland (ADM), also based in Decatur, Illinois. It also ...
CHICAGO (Reuters) -Several employees were hospitalized after an explosion and fire late on Sunday at a massive Archer-Daniels-Midland (ADM) facility in Decatur, Illinois, that severely damaged ...
At least eight people were injured in an explosion on Sunday at a processing plant in Illinois, officials say.. The blast occurred at an Archer Daniels Midland Company (ADM) plant in Decatur at ...
At least eight people in were injured in Decatur, Illinois, after an explosion at a processing plant operated by Archer Daniels Midland Company, officials said.
American River Transportation Co., LLC (ARTCO) is a subsidiary of Archer Daniels Midland (ADM). It provides river transportation, including barges and a shipyard; it also operates towboats on the Illinois River, Mississippi River, and Ohio River. [2]
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