FARM BUSINESS NEWS
ADM to Establish New Global HQ
Mon Sep 23, 2013 04:34 PM CDT

(Dow Jones) -- One of the world's largest agriculture companies is seeking a more cosmopolitan hometown.

Archer Daniels Midland Co. (ADM) said Monday it plans to relocate its global headquarters after more than four decades in Decatur, Ill., so its senior executives can travel more easily and the company can better recruit and retain talent with diverse skills. It will relocate about 100 jobs as part of the move.

Officials in Chicago -- about 180 miles from Decatur -- confirmed the city is in the running to become ADM's new home.

An ADM spokesman declined to comment on ...

Quick View
Related News Stories
Adverse Weather Hurts DuPont Earnings
Cost of Carry Calculation
Stress Test for Borrowers
Ag Interest Rate Snapshot
Agricultural Adventure
CHS Expanding Propane Storage
Rags to Riches
DTN Retail Fertilizer Trends
Cargill Earnings Fall 28%
I-9 Audits Under Fire