Skip to main content

Twin Cities considered for headquarters for agribusiness giant ADM

  • Author:
  • Updated:
    Original:

 Archer Daniels Midland announced plans to move its longtime global headquarters from Decatur, Ill. to a destination with easier access to the rest of the world--and the Twin Cities reportedly made the cut on the short list of potential sites.

Crain's Chicago reported that Chicago is the front-runner, with Minneapolis and St. Louis also under consideration.

The Associated Press reports that officials in Chicago confirm that they’re in the running and talking to ADM, which is No. 27 on the Fortune 500.

The Star Tribune says Michael Langley, president of Greater MSP, would neither confirm nor deny that officials in the Twin Cities had been given the opportunity to make a pitch. He said the area would be attractive to ADM because of its cluster of food giants, including Cargill and General Mills.

Madeline Koch, spokeswoman for the Minnesota Department of Employment and Economic Development, agreed. She told the Star Tribune that the state's strengths "...would align perfectly with their operational needs, and will absolutely pursue the potential relocation.”

The new headquarters will include a new information-technology center. The move likely will happen in the middle of 2014. Tax breaks or other incentives would likely be part of any deal.

ADM located its headquarters in Decatur in the late 1960s, moving from Minneapolis where the company was founded. ADM has operations in the Upper Midwest, including a flour mill in Minneapolis. Half of the company’s 30,000 workers are deployed overseas.

Next Up

Screen Shot 2022-09-28 at 3.36.57 PM

Scott County attorney candidates differ on marijuana possession

Scott County is one of a few Minnesota counties where the incumbent prosecutor is facing a challenger in November.

Screen Shot 2022-09-23 at 10.21.38 PM

Teen charged in shooting outside of Richfield football game

Due to the age of the suspect, the case won't be made public.

Screen Shot 2020-02-06 at 9.05.08 AM

Twin Cities Summer Jam no more: popular festival brought to an end

The festival noted how the land they host camping on has recently been sold.

image

Expect major traffic delays on Renaissance Festival's final weekend

Scott County officials said road closures will be to blame.

Voting survey vote election

Ramsey County sends out ballots with deceased candidate on it

The county said it's addressing the issue with the Minnesota Supreme Court.

Screen Shot 2022-09-28 at 12.30.28 PM

New haunted house experience coming to Inver Grove Heights

The exhibit will feature family-friendly and 18+ events.

Wayzata High School

Niche rankings identify best Minnesota schools, districts

Eden Prairie has schools ranked in both the private and public categories.

unnamed

Walker, The Current announce end of Rock the Garden festival

The Walker Art Center and Minnesota Public Radio announced the festival will retire so the organizations can dream up new events.

Related