CASABLANCA, MOROCCO — Archer Daniels Midland Co., Chicago, on June 1 said it has completed the acquisition of a corn wet mill in Casablanca. The facility, formerly owned by Tate & Lyle, P.L.C., London, produces glucose and native starch.
|Chris Cuddy, president of ADM’s Corn Processing business unit|
“We continue to anticipate growing demand from Moroccan customers in the food, feed, paper and corrugated board industries, and we look forward to working with them to meet their needs,” said Chris Cuddy, president of ADM’s Corn Processing business unit. “We are excited to show customers in Morocco —and throughout the region — the benefits of working with a global company that not only will be providing great sweetener and starch products at competitive prices, but will also be able to help customers meet a wide variety of needs with an extensive and growing food and feed ingredient portfolio.”
Also on June 1, Golden Peanut and Tree Nuts, an ADM subsidiary, announced an investment to upgrade and modernize its warehouse in Vienna, Ga. Plans include replacing receiving equipment, improving ventilation and aeration, and buying new sand screens and extra conveyors.
The Vienna facility has a capacity of about 40,000 tons of peanuts, said Greg Mills, president of Golden Peanut and Tree Nuts, based in Alpharetta, Ga.
|Greg Mills, president of Golden Peanut and Tree Nuts|