ADM to Establish New Global Headquarters and Customer Center

  ADM to Establish New Global Headquarters and Customer Center

Business Wire

DECATUR, Ill. -- September 23, 2013

Archer Daniels Midland Company (NYSE: ADM) announced today that it is
exploring establishing a new global headquarters and customer center.

“Our company is growing and becoming more global and more customer-centric,”
said Patricia Woertz, ADM chairman and chief executive officer. “To continue
to succeed, we need a global center in a location that allows us to travel and
work efficiently with customers and employees throughout the world. We also
need an environment where we can attract and retain employees with diverse
skills, and where family members can find ample career opportunities.”

The company is considering locations and having discussions with various
public officials and advisors. It does not expect to discuss those details
publicly.

It expects to locate a small, corporate team at the global center, with
approximately 100 jobs relocated to the center. In addition, the company plans
to create a new IT tech center at the same location, adding approximately 100
new positions there over the next few years.

The company does not plan any layoffs in connection with the move to a new
global center.

“As we look to establish the new global center, we remain firmly committed to
the 4,400 colleagues who will continue to work in Decatur, and to the economic
strength and viability of the Decatur community,” Woertz said.

In recognition of the breadth and importance of the work that will continue to
be centered in Decatur, the company’s office there will be designated the
North American headquarters. ADM also maintains regional headquarters in
Rolle, Switzerland; São Paulo, Brazil; and Shanghai, China.

“To ensure that Decatur remains a strong and vibrant community for years to
come, we are also announcing today several multi-year financial commitments.
We are investing in Decatur’s economic development to help ensure it
flourishes economically, in its schools to foster a strong workforce pipeline,
and in critical social services to enhance the quality of community life,”
said Woertz.

Among the specific commitments the company is making is $250,000 a year for
three years to fund an enhanced public-private partnership and unified
marketing campaign for the Economic Development Corporation of Decatur & Macon
County, including the funding of a mayoral economic development fellow; and
$500,000 a year for five years to Decatur Public School District 61. In
addition, the company will maintain its other Decatur and Macon County
community support at $1 million a year for at least 10 years.

“This is an exciting time for our company. We are preparing for a large North
American harvest and the completion of our acquisition of GrainCorp,” Woertz
said. “We look ahead to a strong 2014, as we position our company for
continued success.”

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 265 processing plants, 460 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 140 countries. For more information about ADM and its products,
visit www.adm.com.

Contact:

Archer Daniels Midland Company
Media Relations
David Weintraub, 217-424-5413
media@adm.com
 
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