- Zhangzhou facility will serve growing demand in southern China
- Glencoe, Minnesota, facility will increase efficiency, production capacity
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today announced that it is
building a new feed-premix plant in the city of Zhangzhou, in southern
China, bringing to four the number of plants in the company’s premix
network in the country. The company also announced that it will build a
new feed plant in Glencoe, Minnesota, to support a growing market in the
Midwest.
Zhangzhou, China
“Demand for safe, high-quality animal feed in China is growing, and we
are expanding our feed business there to meet that demand,” said Brent
Fenton, president, ADM Animal Nutrition. “China has ambitious goals for
food security and safety, which are creating great opportunities to
provide more of the consistent, quality feed products that ADM is known
for. This plant will be well-positioned to serve Fujian, Guangdong,
Guangxi and Hainan—four provinces with substantial and growing swine,
poultry and aquaculture industries.”
The Zhangzhou plant, which is expected to be complete in the fourth
quarter of 2016, will manufacture a range of nutritional feed premixes
that can be added to animal rations to promote good health and optimal
growth. Such premix formulas typically contain various vitamins and
minerals, amino acids such as lysine and threonine, and special feed
additives, among other ingredients. ADM will manufacture an estimated
30,000 metric tons of premix products per year at the Zhangzhou
facility, which will also provide 80,000 metric tons of additional
capacity for the production of complete feeds and concentrates. The
facility is expected to employ about 150 people, and will complement
ADM’s existing premix facilities in Dalian and Tianjin, in northern
China; and a facility under construction in Nanjing, in eastern China.
Glencoe, Minnesota
The new, fully automated feed facility in Glencoe, adjacent to ADM’s
existing mill, is expected to be complete in the first quarter of 2016.
It will serve customers in Minnesota, Wisconsin and Iowa. ADM will be
able manufacture about 80,000 metric tons of products per year at the
facility.
“A new, automated facility in Glencoe will help us drive operational
efficiencies and better meet customer needs for swine and cattle feed
products,” Fenton said. “With these new plants in Minnesota and China,
we are better able help to meet the needs of livestock producers around
the world.”
Forward-Looking Statements
Some of the above statements constitute forward-looking statements.
ADM’s filings with the SEC provide detailed information on such
statements and risks, and should be consulted along with this release.
To the extent permitted under applicable law, ADM assumes no obligation
to update any forward-looking statements.
About ADM
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we’re one of the world’s largest
agricultural processors and food ingredient providers, with more than
33,000 employees serving customers in more than 140 countries. With a
global value chain that includes more than 460 crop procurement
locations, 300 ingredient manufacturing facilities, 40 innovation
centers and the world’s premier crop transportation network, we connect
the harvest to the home, making products for food, animal feed, chemical
and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company
Media Relations
Jackie Anderson, 312-634-8484
media@adm.com