August 4, 2011
ADM acquires grain elevator business English River Pellets
Archer Daniels Midland Company (ADM) has announced the acquisition of English River Pellets, Inc., a grain elevator and animal feed manufacturing business with locations in Iowa, US.
English River Pellets produces pelleted animal feed for livestock, and has a combined grain storage capacity of 2.4 million bushels.
The animal feed portion of English River Pellets' business will be operated by Illinois-based ADM Alliance Nutrition, Inc., a wholly-owned subsidiary of ADM.
"We will use the elevator facilities in Kalona and Washington in part to originate crops for our soybean processing plant in Quincy, Ill., and corn processing plant in Cedar Rapids, Iowa," said Joe Taets, president, ADM Grain. "With this acquisition, ADM establishes a strong footprint for our grain origination in Southeast Iowa."