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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.
Dwayne Andreas was named CEO of ADM in 1970, [4] and two years later was elected chairman of the company's board. [28] Under his leadership, Archer Daniels Midland acquired many smaller agricultural companies and expanded into international markets, [29] eventually becoming one of the world's largest agricultural processing companies.
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 ...
U.S. grain trader and processor Archer Daniels Midland Co and French biotech company InnovaFeed announced plans on Thursday to build the world's largest insect protein plant in Decatur, Illinois.
Grain merchant Archer Daniels Midland Co is waiving the fees it charges farmers to dry grain at three of its Midwestern corn processors as it seeks supplies to keep the plants running at optimum ...
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.
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 ...
Mapleton is part of the Peoria, Illinois Metropolitan Statistical Area. There are four different plants in Mapleton, all located along U.S. Route 24: an Evonik chemical plant, a Lonza Group plant, a Caterpillar Inc. foundry, and an Ingredion facility; together, the large industrial complex forms one of Mapleton's (and the wider Peoria area's ...