Local News

Decatur-based Archer Daniels Midland has acquired two oilseeds processing factories in India, a move that expands its global reach and increases its presence in that market.

Terms of the deal announced today weren't disclosed.

ADM acquired facilities in the cities of Kota and Akola from a company called Geepee Agri.

The Kota site has soy processing capabilities that enable it to supply soy oil directly to the northern Indian market. It also can crush refine and package rapeseed.

The Akola location has soybean crushing, refining and packaging capabilities that will let ADM produce vegetable oil and meal for food and animal feed markets.

ADM also says it has established a new Indian headquarters office near New Delhi in the state of Haryana.

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