Bunge Global
Search results
ADM is a Chicago-based company that connects crops to markets on six continents. It offers sustainable, innovative solutions for food, beverages, health and wellness, and animal nutrition.
- Leadership
ADM's senior leadership team dedicates itself to solving the...
- Associations
ADM is a member of more than 200 business and trade...
- History
In 1902, George A. Archer and John W. Daniels began a...
- Awards & Recognition
FEI Chicago, CFO of the Year, Large Public Company: Ray...
- U.S. Political Contributions
ADM's Board of Directors believes that political...
- Food is Fundamental
We utilize the power and provisions of nature to create...
- What Does ADM Do?
We unlock the power of nature and transform crops into...
- Leadership
- History
- Environmental Record
- Products
- Scandals
- See Also
- External Links
In 1902, George A. Archer and John W. Daniels started a linseed crushing business in Minneapolis, Minnesota. In 1923, Archer-Daniels Linseed Company acquired Midland Linseed Products Company, and the Archer Daniels Midland Company was formed. ADM expanded its agribusiness to include milling, processing, specialty food ingredients, and cocoa. In 192...
The company has been the subject of several major federal lawsuits related to air pollution. In 2001, it agreed to pay a $1.46 million fine for violating federal and Illinois clean-air regulations at its Decatur feed plant and to spend $1.6 million to reduce air pollution there. In 2003, the company settled federal air pollution complaints related ...
Products include oils and meal from soybeans, cottonseed, sunflower seeds, canola, peanuts, flaxseed, Palm kernel, and DAG oil, as well as corn germ, corn gluten feed pellets, syrup, starch, glucose, dextrose, crystalline dextrose, high fructose corn syrup sweeteners, chocolate, ethanol, and wheat flour. End uses are consumption by people, livestoc...
Sherman antitrust violation
In 1920 the US Department of Justice brought suit against the National Linseed Oil Trust for violating the Sherman Antitrust Act. Several co-defendants were named, including the Archer-Daniels Manufacturing Company. The suit alleged all of these companies were acting in collusionto raise prices, citing a spike in linseed oil costs between 1916 and 1918, when the price rose from $.50 per gallon to $1.80.
Price fixing
In 1993, the company was the subject of a lysine price-fixing investigation by the U.S. Justice Department. Senior ADM executives were indicted on criminal charges for engaging in price-fixing within the international lysine market. Three of ADM's top officials, including vice chairman Michael Andreas were eventually sentenced to federal prison in 1999. Moreover, in 1997, the company was fined $100 million, the largest antitrust fine in U.S. history at the time. Mark Whitacre, FBI informant a...
Tax dodging
A noteworthy case of transfer mispricing came to light in 2011 in Argentina involving the world's four largest grain traders: ADM, Bunge, Cargill and LDC. Argentina's revenue and customs service began an investigation into the four companies when prices for agricultural commodities spiked in 2008 and yet very little profit for the four companies had been reported to the office. As a result of the investigation, it was alleged that the companies had submitted false declarations of sales and ro...
Business data for Archer Daniels Midland:"Patents owned by Archer Daniels Midland". U.S. Patent and Trademark Office. Retrieved December 6, 2005.Shurtleff, William; Aoyagi, Akiko (2020). History of ADM (Archer Daniels Midland Co.) and the Andreas Family's Work with Soybeans and Soyfoods (1884-2020) (PDF). Lafayette, CA: Soyinfo Center. ISBN...ADM is a leader in human, pet and animal nutrition, with over 75 years of experience and a worldwide footprint. ADM offers ingredients, solutions, services, insights and innovation for various markets and needs.
People also ask
Who is Archer Daniels Midland?
Who is Archer-Daniels-Midland company?
Will Archer Daniels Midland Co ADM continue its aggressive strategy?
What does Archer-Daniels-Midland do?
We unlock the power of nature and transform crops into ingredients and solutions for foods, beverages and supplements for people all around the world, and we provide a complete range of solutions and services for livestock, aquaculture and pets.
Find the latest Archer-Daniels-Midland Company (ADM) stock quote, history, news and other vital information to help you with your stock trading and investing.
4 days ago · Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.
Find business information, credit reports, and contacts for ARCHER-DANIELS-MIDLAND COMPANY, a farm product raw material merchant wholesaler in Indianapolis, IN. See the company's D&B PAYDEX ® Score, ESG ranking, and industry peers.
