Key Takeaways:
- ADM will cease operations at its Bushnell, Illinois soy protein plant.
- Production will be consolidated into ADM’s recommissioned Decatur, Illinois facility and other global sites.
- The move is part of the company’s broader portfolio optimization and operational excellence strategy.
- Customers will be transitioned smoothly to other facilities, according to the company.
- The company expects improved efficiency, cash flow, and competitiveness over time.
Strategic Network Optimization
ADM (NYSE: ADM) announced it will streamline its global soy protein production network by consolidating operations, including the closure of its Bushnell, Illinois facility. The decision aligns with ADM’s portfolio optimization initiatives and its strategy to enhance productivity, cost efficiency, and capital discipline.
Operations will be shifted to the company’s recently recommissioned Decatur, Illinois soy protein facility, as well as other sites across its global network. The company said the consolidation will allow it to better serve customers and support growing global demand.
ADM’s Focus on Efficiency and Innovation
“Across ADM, we continue to advance our portfolio optimization initiatives and operational excellence agenda, including cost management, enhanced productivity, targeted simplification, strategic growth and capital discipline,” said Ian Pinner, President of ADM’s Nutrition business.
Pinner noted that recommissioning the Decatur plant enables the company to strengthen its Specialty Ingredients business and improve operating profit through manufacturing efficiencies. “These decisive actions will help ensure we can continue delivering industry-leading innovative products to our customers while sharpening our competitive advantage,” he said.
ADM’s Transition Plan and Customer Support
The company confirmed that it will work with customers affected by the Bushnell closure to ensure a planned transition to other facilities. The company emphasized its commitment to treating impacted employees with respect during the wind-down process.
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