American Archer Daniels Midland Company (referred to as Archer Daniels Midland Company, Taiwan translation:阿歇丹尼尔斯‧ Midland Company) Archer Daniels Midland Company (NYSE: ADM) was founded in 1902, is the largest US agricultural company, It is a century-old company headquartered in Chicago, Illinois, with 31,300 full-time employees (2018). About 2/3 of its income comes from the processing of soybeans, peanuts and other oilseeds.
Don’t confuse him with AMD , the CPU company 🙂
American ADM (Archer Daniels Midland Company), American Bunge (Bunge), American Cargill (Cargill, a private equity company), and French Louis Dreyfus (Louis Dreyfus) are collectively called the world’s four largest grain merchants and are also well-known ABCD !
The American Archer Daniels Midland Company is the world’s largest agricultural production, processing and manufacturing company, and the world’s largest manufacturer of rapeseed, corn, wheat, cocoa and other agricultural products. It produces more than 270 kinds of crop processing The products are used in the global food, beverage, nutrition and health care, industrial and livestock feed markets.
Archer-Daniels-Midland Company is also one of the leading manufacturers of protein meals, vegetable oils, corn sweeteners, flour, biodiesel, ethanol, food processing, and feed ingredients.
Adami has large-scale grain warehouses and transportation networks around the world (through its subsidiaries American River Transportation Company and ADM Trucking, Inc.), which can be used to process, store, clean, and transport rapeseed, corn, Products such as wheat, sorghum, oats, barley, and processing of agricultural products.
Archer-Daniels-Midland (ADM) status and advantages:
- ADM’s advantage is to deep-process grain and oilseed raw materials into a variety of products used in the food industry, beverage industry, health care product industry, and livestock feed markets, and then use its own transportation system (13,000 railway cars, 2,250 barges and 1,200 container trucks) transport raw materials and finished products to all over the world.
- ADM has consistently ranked first in the world for its achievements in the comprehensive processing of soybeans, corn, wheat and cocoa.
- The annual output of ADM feed-grade lysine is the largest single production plant in the world.
- Constantly pioneering and innovating, since the establishment of the company, ADM has added a profit center to her agricultural products business almost every ten years.
- The Animal Health and Nutrition Department under ADM is mainly engaged in the production of premixes, and its scale is among the highest in the world.
- The most influential manufacturer of professional livestock and poultry nutrition and health products in China.
Archer-Daniels-Midland (ADM) History:
- In 1902, George A. Archer and John W. Daniels established an oilseed crushing business in Minneapolis, Minnesota;
- In 1923, Archer-Daniels Linseed Company acquired Midland Linseed Products Company and established Archer Daniels Midland Company;
- In 1927, Adami acquired The Armour Grain Company;
- In 1929, ADM acquired Werner G. Smith Company, the country’s largest manufacturer of core oil;
- In 1954, Adami acquired the resin division of US Industrial Chemicals;
- In 1971, ADM acquired 83% of Corn Sweeteners, Inc.;
- In 1973, ADM acquired a 50% interest in British Arkady;
- In 1979, Adami established ADM Trucking;
- In 1982, ADM acquired the ethanol production plant in Clinton, Iowa;
- In 1983, Adami acquired the rights and interests of AC Toepfer; in the same year, ADM established Hong Kong ADM Asia Pacific, Ltd.;
- In 1985, ADM acquired the elevator business from Growmark and established ADM/GROWMARK River Systems, Inc.;
- In 1986, Archer Daniels Midland acquired Unilever’s factories in Hamburg, West Germany, European ports and the Netherlands to expand the European market;
- In 1988, ADM acquired the grain processing business of Midwest Processing Company, Inc.;
- In 2000, Archer Daniels Midland and Wilmar International Limited (Wilmar International Ltd.) to build five soybean crushing plant in China;
- In 2001, the e-ADM website was established; Adami acquired Doysan Yag Sanayii, a Turkish vegetable oil producer, engaged in oil mills, refineries, packaging and other businesses; ADM acquired Bolivian vegetable oil producer Sociedad Aceitera del Oriente, SA (SAO), engaged in the business of oil crushers, refineries, packaging and granaries; ADM and Singapore Wilmar International Group jointly invested in the formation of Yihai Group;
- In 2002, ADM completed the acquisition of Minnesota Corn Processors, LLC (MCP);
- In 2005, Adami established Socially & Environmentally Responsible Agriculture Practices (SERAP);
- In 2006, Archer Daniels Midland acquired Groupe Lysac, Inc. technology and intellectual property assets;
- At the end of 2006, Wilmar International acquired Kerry Grains and Oils under Singapore’s Kuok Group for US$2.7 billion, merged with Yihai Group, a subsidiary in China, and established Yihai Kerry Company, which became China’s oil oligarch and became A world-class grain and oil giant;
- In 2008, ADM and Monsanto (Monsanto Company) and Deere (Deere & Company) cooperation, and electricity generated from biomass animal feed production line;
- In 2009, ADM acquired the oil seed processing, refining and biodiesel plant in Olomouc, Czech Republic; acquired 5 ocean-going vessels with a total capacity of 250,000 tons;
- In 2011, Archer Daniels Midland acquired the remaining shares of Golden Peanut Company; in the same year, ADM acquired Polish Elstar Oils SA
- In 2012, ADM and Wilmar International Limited (Wilmar International Limited) announced a partnership program in fertilizers, shipping and tropical refining;
- In October 2012, ADM sought to acquire Australian grain company GrainCorp, which has a network of storage and port facilities in Australia; on November 29, 2013, the transaction was rejected by the Australian Ministry of Finance;
- In 2014, ADM acquired the remaining shares of Alfred C. Toepfer International;
- In July 2014, Archer Daniels Midland acquired the Swiss-German natural food company Wild Flavors for US$3 billion;
- In 2015, ADM acquired the salty flavor producer Eatem Foods; acquired Brazilian ports and shipping agents; established ARTCO Stevedoring; acquired all ownership of the Black Sea strategic positioning terminal; established Tianjin soluble fiber factory;
- In October 2015, ADM announced the sale of its global cocoa business to Olam (SGX:O32) for US$1.2 billion, and 1,500 employees were transferred to Olam along with the transaction (other news: August 3, 2015, commodity giant Archer- Archer Daniel Midland (Archer Daniel Midland) announced that it has completed the sale of its chocolate business to Cargill for a total of 440 million U.S. dollars. The editor has not been able to delve into what is right and wrong.)
- In 2016, Juan R. Luciano became Chairman of the Board of Directors of Archer Daniels Midland;
- On January 10, 2017, Archer Daniels Midland announced the acquisition of a pet food company-Crosswind Industries.
- In January 2017, Archer Daniels Midland agreed to sell its crop risk services (insurance) division to Validus Holdings for US$127.5 million.
- On January 19, 2018, Archer Daniels Midland Corporation (ADM) approached Bunge Co., Ltd. regarding the acquisition . The details are “not clear”. At this time, Bunge’s market value is approximately $9.8 billion. Since May 2017, Glencore PLC has also been demanding an acquisition of Bunge.