ADM Invests in North American Oilseeds Plants to Increase Processing Flexibility
In an effort to “optimize the core of our business and drive operational efficiencies,” Archer Daniels Midland (ADM) announced on Monday that it will invest in two of its North American processing facilities to make them flexible to process more than one crop. After investment, the company’s Enderlin, North Dakota plant will be able to crush soybeans, canola and sunflower seed, while the processing line in its Windsor, Ontario plant will be converted from canola to a flex line that can also process soybeans.
“By increasing our crushing flexibility at these two facilities, ADM will have the ability to drive margin-improvement and returns as crop supplies and market demand shift, and as customers’ needs change,” said John McGowan, president, North American Oilseeds.
“The Enderlin investment will help us capitalize on growing soybean acreage in and around North Dakota, and the Windsor investment will give us the flexibility to adjust our processing mix to optimize the plant’s efficiency and profitability,” McGowan added.
ADM is a leader in North American oilseed processing and produces protein meal, vegetable oils and other items for customers across the agri-food sector.