ADM (company)
American food processing and commodities trading corporation / From Wikipedia, the free encyclopedia
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The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
ADM | |
Company type | Public |
Industry | |
Founded | 1902; 122 years ago (1902) in Minneapolis, Minnesota, U.S. |
Founders | |
Headquarters | 77 West Wacker Drive Chicago, Illinois, U.S. |
Key people | Juan Luciano (Chairman and CEO) |
Products | |
Services | Flour milling |
Revenue | US$93.9 billion (2023) |
US$3.48 billion (2023) | |
Total assets | US$54.6 billion (2023) |
Total equity | US$24.1 billion (2023) |
Number of employees | 41,802 (2023) |
Subsidiaries | American River Transportation Company |
Website | adm |
Footnotes / references [1] |
ADM ranked No. 35 in the 2023 Fortune 500 list of the largest United States corporations.[2]
The company also provides agricultural storage and transportation services. The American River Transportation Company along with ADM Trucking, Inc., are subsidiaries of ADM.
ADM has been the subject of significant media attention and infamy over the years with its various scandals, one inspiring a novel and subsequent film The Informant!.