CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) said on April 27 that it is increasing its processing flexibility with investments in North Dakota, U.S., and Ontario, Canada.
The company is expanding its Enderlin, North Dakota, U.S., processing plant in order to give it the ability to crush soybeans in addition to canola and sunflower seeds. At the same time, the company will convert a canola processing line in Windsor, Ontario,Canada, to a flex line that also may process soybeans.
“By increasing our crushing flexibility at these two facilities, ADM will have the ability to drive margin-improvement and returns as crop supplies and market demand shift, and as customers’ needs change,” said John McGowan, president, North American Oilseeds. “The Enderlin investment will help us capitalize on growing soybean acreage in and around North Dakota, and the Windsor investment will give us the flexibility to adjust our processing mix to optimize the plant’s efficiency and profitability.”
McGowan said both investments represent important steps in ADM’s continuing effort to optimize the core of its business and drive operational efficiencies.
ADM is among the largest processors of oilseeds in North America, producing protein meal, vegetable oils and other value-added items for customers in the food, animal feed and industrial sectors.
Source: World Grain
APR
2015
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