Archer Daniels Midland
Archer Daniels Midland
Archer Daniels Midland Company (ADM) is a global food processing and commodities trading corporation, headquartered in Chicago, Illinois, United States. Founded in 1902, ADM is one of the world's largest agricultural processors and food ingredient providers.
History
The company was founded by George A. Archer and John W. Daniels in 1902 as a linseed crushing business. Over the years, ADM expanded its operations and diversified its product offerings. In 1923, the company acquired Midland Linseed Products Company and adopted its current name.
Operations
ADM operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
Products
ADM's product portfolio includes:
Sustainability Initiatives
ADM is committed to sustainable practices and has implemented several initiatives to reduce its environmental impact. The company focuses on reducing greenhouse gas emissions, improving water use efficiency, and promoting sustainable agriculture.
Controversies
ADM has been involved in several controversies, including price-fixing scandals in the 1990s. The company was fined $100 million in 1996 for its role in a lysine price-fixing scheme.
See Also
References
- "ADM: A Global Leader in Human and Animal Nutrition." Archer Daniels Midland Company. Retrieved from [1].
- "Archer Daniels Midland Company History." Funding Universe. Retrieved from [2].
External Links
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