Archer Daniels Midland Company (NYSE: ADM) will release financial results for the first quarter of 2017 before the market opens on Tuesday, May 2, 2017. The company will host a webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A slide presentation will be available for download approximately 60 minutes prior to the webcast. To listen to the webcast or to download the slide [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that the Illinois Industrial Carbon Capture and Storage (ICCS) project, a partnership to safely and permanently store more than 1 million tons of carbon dioxide a year, has begun operations. “We are extremely proud to be part of this important program,” said Todd Werpy, ADM chief technology officer. “The technology that we are using in Decatur [...]
The U.S. public and private sectors must collaborate to ensure the nation is producing enough skilled workers to meet the needs of its manufacturing sector, according to Michael D’Ambrose, senior vice president and chief human resources officer at Archer Daniels Midland Company (NYSE: ADM.) Testifying before the Equal Employment Opportunity Commission at a panel discussion on the future of work and the U.S [...]
Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Company (NYSE: ADM), today announced that it is investing in significant infrastructure upgrades to improve speed and efficiency in handling farmer stock. The enhancements are targeted to be in place for the 2017 harvest season. “Our customers and suppliers have always counted on Golden Peanut’s great logistics, and now we’re making the [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it has been granted exclusivity in relation to the proposed purchase of Chamtor, a French producer of wheat-based sweeteners and starches. “After adding to our sweetener and starch capabilities in Eastern Europe, we are continuing to execute our strategy by expanding in Western Europe,” said Pierre Duprat, president, ADM Europe, Middle East and [...]
Archer Daniels Midland Company (NYSE: ADM) today announced that its Board of Directors has nominated Suzan F. Harrison to stand for election to the board at its upcoming Annual Stockholders’ Meeting on May 4, 2017. Harrison, a 33-year veteran of Colgate Palmolive, currently is president of Global Oral Care and has served in several senior level positions at Colgate-Palmolive, including as president of Hill’s [...]
U.S. agriculture can continue to feed a growing world and meet consumer demand for healthy, nutritious foods by leveraging new technologies, expanding research and development, attracting top talent, and working with governments to shore up critical infrastructure. This was the message Juan Luciano, chairman and CEO of Archer Daniels Midland Company (NYSE: ADM), brought to the National Grain and Feed Association in a [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it is continuing to expand its Animal Nutrition footprint in China with the construction of a new feed-premix facility in Xiangtan, in Hunan Province, central China, and the addition of aquaculture feed production lines at its existing Nanjing complex in Jiangsu Province, eastern China. “One of the main pillars of our strategy to increase shareholder [...]
For the ninth year in a row, Archer Daniels Midland Company (NYSE: ADM) was named one of the world’s most admired companies in the food production industry by Fortune magazine. Considered the definitive report card on corporate reputation, Fortune’s annual list of the “World’s Most Admired Companies” ranked companies in 51 major industries for 2017. “ADM is honored to be named as one of [...]
Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 32 cents per share on the company’s common stock payable on March 14, 2017, to shareholders of record on Feb. 21, 2017. This is ADM’s 341st consecutive quarterly payment, a record of 85 years of uninterrupted dividends. As of Dec. 31, 2016, there were 572,945,079 shares of ADM common stock outstanding. About [...]
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended December 31, 2016. “We capitalized on an improved environment, delivering stronger fourth quarter performance after working through difficult market conditions earlier in the year,” said ADM Chairman and CEO Juan Luciano. “Ag Services saw strong results in North America and weak results from the global trade [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell its Crop Risk Services (CRS) business to Validus Holdings, Ltd. (Validus) (NYSE: VR) for $127.5 million, subject to certain working capital and balance sheet adjustments. The deal includes a marketing services agreement under which ADM and Validus will work together to continue to offer a full range of insurance and farmer [...]