“These investments reflect ADM's continued focus on targeted growth opportunities in areas where long-term demand trends are creating new opportunities for farmers and customers,” said Gary McGuigan, president of ADM’s North America Ag Services and Oilseeds business.
“Strong demand – supported by biofuels policy in the U.S. – is driving opportunities for farmers and the broader American agricultural sector. By choosing to build on our existing footprint and adopting individualized enhancement plans for each facility, we’re ensuring that we are investing wisely and preserving flexibility while ultimately delivering a meaningful increase in capacity across our North American network.”
ADM expects to expand capacity by making targeted improvements to existing operations, allowing the company to increase throughput while building on established infrastructure. The company will initially focus efforts with investments at four U.S. production facilities:
These investments are designed to unlock approximately 700,000 metric tons of additional annual crush capacity across the four facilities, equating to more than 25 million bushels of new demand for American farmers.
In addition, the company is actively evaluating several other North America crush locations for similar future investments.
These projects follow on other recent investments to enhance ADM’s U.S. footprint, including upgrades at its Clinton, Iowa, corn facility and capacity expansions at its elevator in Optima, Oklahoma.
“These investments will help connect more American farmers to growing domestic and global markets while strengthening the infrastructure that supports U.S. agriculture,” McGuigan added. “We're proud to continue investing alongside the farmers, communities and colleagues who make these operations successful.”
