ADM Continues Evolution of Carbohydrate Solutions Business with Significant Expansion of Starch Production in Marshall, Minnesota
Archer-Daniels-Midland Company (ADM)
Last archer-daniels-midland company earnings: 4/29 04:05 pm
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Source: Business Wire
Investing to ensure capacity to meet increasing demand from food, beverage and industrial customersNew capacity will propel continued growth of BioSolutions platform CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM), a global leader in nutrition and sustainable solutions, today announced it will invest to significantly expand starch production at its Marshall, Minnesota, facility in order to meet fast-growing demand from the food and beverage sectors, and to support the continued expansion of the company’s BioSolutions platform.“We’re continuing to evolve our Carbohydrate Solutions business to align with growing and changing demand, driven by the global trends of food security and sustainability,” said Chris Cuddy, president of ADM’s Carbohydrate Solutions business. “Three years ago, we announced that we would be phasing out production of high-fructose corn syrup at Marshall and expanding starch production to support increasing demand for products like sustainable packaging. In the short t
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ADM
Earnings
- 3/12/24 - Miss
ADM
Sec Filings
- 4/22/24 - Form 8-K
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- ADM's page on the SEC website