Archer Daniels Midland Company has announced the acquisition of English River Pellets Inc., an Iowa-based grain elevator and animal feed manufacturing business.
The animal feed portion of English River Pellets’ business will be operated by ADM Alliance Nutrition Inc. “With this acquisition, ADM establishes a strong footprint for our grain origination in Southeast Iowa,” said Joe Taets, president of ADM. “We will use the elevator facilities in [Iowa] in part to originate crops for our soybean processing plant in Quincy, Ill., and corn processing plant in Cedar Rapids, Iowa.”
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