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Website: http://www.admworld.com Archer Daniels Midland (ADM) is an agricultural giant. The company is the world's largest processor of soybeans, corn, wheat and cocoa. ADM works with farmers across the world to turn these crops into soymeal and oil, corn sweeteners, flour, cocoa and chocolate, ethanol and biodiesel, as well as a wide portfolio of other value-added food ingredients, animal nutrition and industrial products. ADM has manufacturing, sales and distribution facilities in 40 states and a presence in Asia, Africa and Latin America. The company has over 240 processing plants worldwide. For the fiscal year ending June 30, 2007, ADM reported sales of $44.0 billion and net earnings of $2.1 billion. History In 1902, John Daniels began a linseed crushing business called Daniels Linseed in Minneapolis. In 1903, George Archer would join the business. The company's name was changed to Archer Daniels Linseed Company in 1905. In 1923, Archer-Daniels Linseed Company acquired Midland Linseed Products Company, and the Archer-Daniels-Midland Company was formed. Every decade since its corporate inception, ADM has added a major profit center to its agribusiness: milling, processing, specialty feed ingredients, specialty food ingredients, cocoa, nutrition and more. Benefits ADM employees may choose to participate
in: Updated December 22, 2007 |