Millikin Creates New Agribusiness Major

November 8, 2022 – Millikin University announced a new major in agribusiness within their Tabor School of Business. Set to launch in fall 2023, the Bachelor of Science program will teach students to apply the fundamentals of business to agriculture and agriculture-adjacent industries.

The agribusiness major will provide students with a strong foundation in business and agriculture, along with a firm understanding of the science behind crops, soils, animals and sustainability. Specifically, students will learn how to navigate agriculture and business operations, evaluate financial decisions in the agriculture industry, make decisions about commodity markets and operate analytical and managerial technologies.

Once they’ve completed the program, agribusiness majors will have the business fundamentals and science background to excel in careers spanning the wide scope of the agriculture industry, from banking and commodities to elevator management.

Millikin’s decision to add an agribusiness major came from the sharp increase in demand from students and the growing number of management jobs in agriculture. RJ Podeschi, dean of the Tabor School of Business, cited a significant increase in third-party farm management for the surging demand for agribusiness candidates. The Tabor School of Business also recently added Business Communication and Cybersecurity degrees to their undergraduate programs.

Additionally, Millikin is filling a need for more agriculture programs across Illinois. Of the 285 colleges in Illinois, only 32 schools offered agriculture programs. The major is also intended to benefit local students interested in agribusiness. “Since the relaunch of the agricultural program at Richland Community College just over four years ago, enrollment has increased significantly,” said Jess Smithers, Director of Agricultural Programs at Richland. “We are excited to partner with Millikin to help ensure that the talent needs of Central Illinois’ largest and most important industry – agriculture – is sufficiently met.”

Through a partnership with Richland Community College, Millikin University is offering a 2+2 program agreement for students who graduate with an associate of arts degree with an agriculture concentration from Richland. “Richland Community College is pleased to partner with Millikin in the development of a transfer agreement, providing Richland agriculture students who complete the associate of arts degree with the option to transfer seamlessly into Millikin’s new agribusiness program,” commented Andy Hynds, Dean of Math, Science and Business at Richland.

“I think this program is a great fit for Millikin and Tabor,” said Podeschi. “We are seeing more students interested in agriculture as a result of quality programming through Future Farmers of America (FFA), and other initiatives at the middle and high school level. Millikin’s Performance Learning approach to education fits in with agribusiness in a very concrete way.”

Agribusiness students will also have a multitude of internship opportunities in Decatur and around Central Illinois. With several small grain elevators, cooperatives and agriculture operations nearby to a large global commodity trading firm, students will receive real-world experiences prior to graduation. From flying drones over fields to determine crop conditions to navigating the trading floor, the internship opportunities are just one of exceptional aspects of Millikin’s agribusiness program.

Millikin University’s Tabor School of Business develops students into entrepreneurs, strategists and innovators. By engaging in real-world business opportunities through professional internships, student-run ventures and managing Tabor’s $500k investment portfolio, graduates of the Tabor School of Business have a 100% graduate success rate.

Source: NowDecatur

ADM Expands with New America Microbiology Laboratory in Decatur

November 7, 2022 – ADM celebrated the opening of its new North America Microbiology Laboratory at the ADM Specialty Manufacturing Facility. The new facility doubles ADM’s current microbiology laboratory footprint and reflects a significant expansion of its testing capabilities, as well as its footprint in the Decatur community. 

“The expansion of ADM’s Specialty Manufacturing Facility demonstrates our commitment to growing our in-house testing capabilities and also our continued investment in the Decatur community,” said Veronica Braker, senior vice president, Global Operations at ADM. “This new facility will drive productivity and collaboration, accelerate innovation and bring even more high-level science and research employment opportunities to Decatur.” 

ADM’s Microbiology Laboratory is responsible for testing finished product from North America for lot release to the market. The lab initially started in the late 1960s, and has expanded five times through the years, with 2006 being the latest expansion next to ADM’s Decatur East plant. 

The new facility will provide testing services to more than 26 ADM manufacturing facilities located throughout North America. It features state-of-the-art technology providing access to the latest lab and testing innovation as well as the ability to process an exponentially higher volume of tests. The new lab will also allow the company to conduct advanced testing in-house such as kill-step validations for processing plants, including automation applications. 

In addition, the laboratory will become ISO 17025 accredited for the top five quality testing methods in early 2023 and will continue to expand its certification for other methods. A laboratory information management system will also be implemented at the new location in late 2023, allowing faster reporting to ADM clients. 

“We are very excited for this expansion because it enables greater innovation to unlock the power of nature in order to enrich the quality of life,” said Lee Perry, vice president, Quality and Food Safety at ADM. “The development of this state-of-the-art laboratory directly aligns with our mission and vision to strive for operational excellence, partner with operations to provide testing solutions and drive analytical performance.”

Source: NowDecatur

AgReliant Genetics Announces $18 Million Investment in Decatur Foundation Seed Facility

WESTFIELD, Indiana (Nov. 1, 2022) – AgReliant Genetics today announced it will invest $18 million in capital improvements at its Decatur, Illinois, foundation seed facility. Scheduled over the next three years, the improvements will expand capacity and add the latest technology and automation to better serve farmers across the U.S. and Canada.

“These investments are part of our commitment to deliver one-of-a-kind, high performing corn hybrids to farmers through our AgriGold, LG Seeds and PRIDE Seeds brands,” said Drew DuBois, AgReliant Genetics Vice President Operations and Supply Chain.

DuBois said the investments will include state-of-the-art seed drying and processing systems, warehouse and office expansion, and equipment optimization – all with a goal of producing parent seed with more efficiency and at higher volumes. Parent seed forms the genetic foundation for the company’s unique product lines. New systems will optimize seed processing and add flexibility to supply farmers’ needs.

AgReliant Genetics’ significant investment reinforces the company’s presence in the Decatur community, DuBois said. New technologies and automation will lead to skilled employment opportunities, and construction will utilize regional contractors and local labor.

“The operations and employees at our Decatur site are critical components of our company’s future growth strategies,” he said. “AgReliant Genetics is committed to growth, innovation and customer service, and we believe this is a benefit to the Decatur community, as well as farmers across the country.”

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ABOUT AGRELIANT GENETICS

AgReliant Genetics delivers one-of-a-kind, high-performing hybrids farmers can’t get anywhere else. Regardless of the brand on the bag – AgriGoldLG Seeds or PRIDE Seeds – count on AgReliant Genetics for unique, diverse genetics with formidable yield and multiple trait options. Our seed-only focus opens new innovation for our brands and for our farmer customers, whether they grow corn, soybeans, sorghum or alfalfa. Learn more at AgReliantGenetics.com.

AgReliant Genetics and Design are registered trademarks of AgReliant Genetics, LLC and its related companies.

Contact: Amanda Fruland

Amanda.Fruland@agreliantgenetics.com
317-914-2098

Local Media Coverage:
Herald & Review

T/CCI to invest over $20 million to manufacture electric compressors and establish EV innovation hub in Decatur

DECATUR — Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) today awarded the first Reimagining Electric Vehicles in Illinois (REV Illinois) tax incentive package to T/CCI Manufacturing in Decatur. The announcement follows Illinois’ historic passage of the Climate & Equitable Jobs Act (CEJA) and the REV Illinois Act, both of which were part of a groundbreaking initiative to make Illinois the best state in the nation to drive and build an electric vehicle.

“Less than ten months ago, I signed Illinois’ groundbreaking Reimagining Electric Vehicles Act into law. Today, I’m proud to announce we’re welcoming yet another electric vehicle investment to Illinois – and the first of many that ambitious legislation will produce,” said Governor JB Pritzker. “And T/CCI isn’t just investing in their own success – they’re bringing the Decatur community along for the ride. We’re bringing all of Illinois into the 21st century economy, with good jobs and business opportunities, and this investment is yet another way we’re making that our reality.”

The comprehensive incentive package builds on Illinois’ vision of greatly expanding clean energy manufacturing and jobs while creating unique public-private partnerships that will provide opportunities for companies to collaborate on research and development and expand training. In addition to REV incentives valued at $2.2 million, the State’s Fiscal Year 2023 budget appropriated $21.3 million in capital grants to the City of Decatur and Richland Community College to create a first-of-its kind research and innovation facility and training program in partnership with T/CCI. Through competitive incentives and supporting the creation of new state-of-the-art facilities for EV companies to collaborate, Illinois is taking a unique and comprehensive approach to lay the groundwork for additional EV companies to locate or expand in Illinois.

“Our administration is committed to taking the steps needed for a green future that provides the economic opportunities to uplift Illinoisans. This announcement is a major milestone in getting us there,” said Lt. Governor Juliana Stratton. “Illinois’ efforts to bolster electric vehicle manufacturing is creating jobs, investing in our communities, and leading the charge in effective climate action.”

Headquartered in Decatur, T/CCI currently manufactures a variety of compressors suited for combustion vehicles at its Decatur manufacturing facility, while manufacturing compressors for electric vehicles at its facilities abroad in China and India. T/CCI will invest more than $20 million to retool its Decatur facility to transition to electric compressor manufacturing, which will create more than 50 new jobs, while retaining 103 positions of its current workforce for a minimum total of 150 positions.

“Governor Pritzker’s vision for Central Illinois catapults our economic development strategy into the future” said Julie Moore Wolfe, Mayor, City of Decatur. “This is a huge investment in jobs, people, and innovation not only for Decatur and Macon County, but for the entire Central Illinois region.”

“This is a significant moment for T/CCI, the City of Decatur, and the State of Illinois, as we embark on new programs to transition our industry toward widespread electrification,” said Richard Demirjian, President of T/CCI Manufacturing. “T/CCI is recognized in the industry as a leader in compressor technology, already having developed a largest range of EV compressors in the market. We’re excited to use our expertise in innovation and component manufacturing to advance Illinois’ position and create a successful partnership that drives long-lasting economic growth.”

Compressors are a critical component for electric vehicles to function. Unlike vehicles with traditional combustion engines, the compressor in an EV cools the battery in addition to providing air conditioning in the cabin. T/CCI compressors are designed for up to 45,000 hours of life, almost twice the life of other compressor manufacturers. With the largest range of capacity this allows vehicle manufacturers to optimize their systems to achieve the lowest charging times in the industry, along with perfect cabin climate and optimal battery temperature. This ensures the safety of the driver or operator by keeping the battery cool, while also providing comfort in the cabin through air conditioning.

T/CCI partners with Original Equipment Manufacturers (OEM) throughout the design and development phase to pave the road to sustainable transport and expansion. T/CCI’s reputation as a global leader in EV technology will play a critical role in advancing Illinois’ position as a leader in the market, creating a usage model to serve the needs of EV and other relevant industries across the world and conduct research to advance science and innovation in disruptive technologies.

“As we embrace the shift to electrification, it’s public-private partnerships like this that help accelerate our impact on sustainable mobility,” said Michael Grahe, Executive Vice President of Navistar Inc. “Our company has a long-standing partnership with T/CCI for their leadership to deliver technology-based solutions and has recognized their valuable contributions to the industry—including naming them 2022 Supplier of the Year in Innovation. We are excited to see our state making investments in American manufacturing that will help shape the future of transportation as we move to zero emissions.”

“Today’s announcement, the second in Decatur in the last few weeks, is another example of Governor Pritzker’s commitment to spurring economic development in communities across Illinois,” said DCEO Director Sylvia I. Garcia. “We’re proud to partner with leaders like T/CCI, who are investing in innovation, research and development, and manufacturing right here in Illinois that supports the growth of electric vehicles and continues Illinois’ leadership in green technologies.”

Building an Electric Vehicle Innovation Cluster in Central Illinois

As part of the larger incentive package, the State’s Fiscal Year 2023 budget included $15.3 million to Richland Community College and $6 million to the City of Decatur in capital grants to create an EV Innovation Cluster, including a Climatic Center for Innovation & Research Facility. This will support the growth of the EV sector in Illinois by creating innovative training programs and state-of-the-art facilities for research and development, which includes a full-scale climactic center for testing and simulations. The facility will be located on the T/CCI Decatur campus.

Richland Community College and T/CCI are working in partnership with the University of Illinois (UIUC) Grainger College of Engineering and Northern Illinois University on a training academy. The training academy will offer a new workforce training and development program with a focus on EV advanced engineering, software technology, a STEM pathways program, and accredited apprenticeship programs that offer world class training in electrification.

The Climatic Center for Innovation & Research facility will support technology advancements and climatic testing for high voltage systems, battery cooling and both A/C and heat pump capabilities. This Center will include a DC fast charger for electric vehicles for testing capability under both extreme cold and hot conditions. The Center will advance Illinois’ EV leadership position to deliver high-profile research and critical advancements in charging, range, emissions, and data analytics. The Center will be open businesses and researchers looking to accelerate opportunities for faster-to-market technology development, enhanced safety, emissions control criteria development and other advancements that will accelerate adoption of electrified technology.

This collaboration creates a new way of doing business by replacing the traditional siloed approach and combining resources to achieve higher levels of innovation, collaboration, and productivity. The capital investments in this public-private partnership model will build on the expertise, experience, and influence of all participating entities to move Illinois forward as a leader in EV and component manufacturing.

“Together we are establishing a new model for Illinois that sets the stage for how education, research and industry work together to cohesively advance us faster, invest in our people and grow our economy,” said Richland Community College President Cris Valdez. “This state-of-the-art facility will provide world class training in electrification, a registered apprenticeship program, along with immersive industry partnerships and testing available to the electric vehicle industry. At the same time, it will build the bridge from employer and unemployed to keep pace in a rapidly changing economy, and address the need to build a skilled workforce. We are extremely excited to be a part of this endeavor and grateful to Governor Pritzker and DCEO for their investment in Richland Community College.”

Learn more about the opportunities Decatur can offer EV and Clean Energy businesses. 

About REV Illinois

REV Illinois is designed to bolster Illinois manufacturing—already a top destination for electric vehicle (EV) manufacturing in the U.S.—and grow the ecosystem to create new capacity for EV and component parts production. REV Illinois offers competitive incentives to expand in or locate to Illinois for companies that manufacture EVs and EV parts or components as well as EV charging stations.

All incentives through REV Illinois are contingent upon job creation and retention, capital investments, annual compensation, and continued operation in the State. The agreement is in the process of being finalized and will be publicly available after it is fully executed.

Companies interested in learning more about REV benefits can visit DCEO’s REV webpage.

In addition to supporting companies looking to expand or transition to electrification, Illinois is also implementing a sweeping workforce development initiative through CEJA to ensure the state’s workforce is prepared for the jobs of the future. Through CEJA, Illinois is also incentivizing Illinoisians to purchase EVs through consumer tax rebates as part of its goal of putting 1 million EVs on the road by 2030.

Local Media Coverage:
Herald & Review
WAND TV
NowDecatur
T/CCI Manufacturing

New FedEx Ground center to deliver jobs to Decatur

DECATUR — More good jobs are being delivered to Decatur with the news that shipping giant FedEx Ground is locating a new 317,000-square-foot distribution center in the city.

The facility is being readied at the intersection of North Brush College and Mound roads and will be operational by October, FedEx confirmed to the Herald & Review on Monday.

The company said the distribution center will have 65 employees, with 50 of those jobs being package-handler positions. Recruiting for jobs is already underway and other staff sought include operations coordinators and administrators.

“The new facility will employ a mix of full- and part-time team members, and recruiting is underway for jobs at the new facility,” said FedEx spokesman David Westrick.

Job hunters can check out the positions available by going to fedexgroundjobs.com and searching with the word “Decatur” to get details of the new positions, work requirements and qualifications/experience needed.

“In addition to competitive wages and a flexible schedule, FedEx Ground offers benefits including medical, dental, vision, paid time off and parental leave, as well as tuition reimbursement after a minimum threshold of service,” added Westrick.

And he said the available jobs don’t stop with those immediately associated with the facility. “The company will also contract for package pickup and delivery services with service provider businesses that hire locally for driver, helper, manager and other positions,” Westrick explained.

FedEx says it chose Decatur for its new development because of ease of access to major highways and proximity to customers’ distribution centers.

“And a strong local community workforce for recruiting employees,” said Westrick.

Nicole Bateman, president of the Economic Development Corporation of Decatur-Macon County, welcomed the arrival of FedEx Ground and hopes it could spur other firms to follow suit.

“I definitely think it will attract more attention to Decatur and Central Illinois as a location for distribution and logistics,” she said. “You can reach a third of the nation’s population in a one-day truck drive from Decatur.”

Bateman said Decatur’s central location as a major transport hub left it poised to take advantage of distribution companies’ desire to move products ever-faster on roads not snarled with heavy city traffic.

“Decatur is just really primed to take advantage of that,” she added.

The FedEx facility is within view of Cardinal Warehouse, another warehousing project led by The Atkins Group. This facility, which will employ up to 75 people, is located at 4250 North Commercial Crossing.

The FedEx job news comes hot on the heels of another major recent development with the announcement that Archer Daniels Midland Co. is partnering with South Korean firm LG Chem in two joint ventures based in Decatur.

These are expected to generate more than 125 new jobs plus construction work. Bateman has pointed out that economic studies show that for every 10 manufacturing jobs like this created in Illinois, another 17 spring up in the wider economy to service and support them.

 

Article written by Tony Reid, Herald & Review, 8-29-22

LG Chem and ADM Launch Joint Ventures, Announce Intended Location for U.S. Production of Lactic Acid and Polylactic Acid Production

■ Two joint ventures intend to produce 150,000 tons of lactic acid and 75,000 tons of polylactic acid annually to meet growing demand for plant-based solutions, including eco-friendly bioplastics

■ Intended location for new production facilities will be Decatur, Illinois, U.S., with final investment decision to be made in 2023

SEOUL, South Korea & Chicago, U.S., August 16, 2022 — LG Chem (KRX: 051910), a leading global diversified chemical company, and ADM (NYSE: ADM), a global leader in nutrition and biosolutions, today held a signing ceremony launching two joint ventures for U.S. production of lactic acid and polylactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. Pending final investment decisions, the joint ventures have chosen Decatur, Illinois, U.S., as the location of their intended production facilities.

The first joint venture, GreenWise Lactic, would produce up to 150,000 tons of high-purity corn-based lactic acid annually. ADM would be the majority owner of GreenWise, and would contribute fermentation capacity from its Decatur bioproducts facility to the venture. The second joint venture, LG Chem Illinois Biochem, would be majority-owned by LG Chem. It would build upon LG Chem’s expertise in bioplastics to build a facility that will use product from GreenWise Lactic to produce approximately 75,000 tons of polylactic acid (PLA) per year.

ADM CEO Juan R. Luciano stated, “Sustainability is one of the enduring global trends that is powering ADM’s strategy and growth. Our BioSolutions platform is helping us meet that demand by redeploying Carbohydrate Solutions production capacity to fast-growing, higher-margin segments – including pharmaceuticals and personal care, textiles and paper products. BioSolutions is already growing rapidly, with $136 million in year-over-year revenue growth in the first half of 2022, and with these two new joint ventures, we’re planning to take the next growth step, greatly expanding our ability to meet growing demand for plant-based solutions. We’re pleased to expand our collaboration with LG Chem, and we’re excited at the opportunity to bring this new intended production and all of its economic benefits to Decatur, our North American headquarters.”

LG Chem Chief Executive Officer Hak Cheol Shin commented, “The establishment of this joint venture is a sustainable growth strategy that can directly contribute in solving environmental issues such as climate change and waste plastics,” and added, “LG Chem is the first Korean company to build a PLA plant with integrated production capacities ranging from raw materials to the final product. With the establishment of this JV, LG Chem will not only procure production capacities for highly pure lactic acid needed for commercial-scale PLA production, but will also be able to apply biomaterials in the development of various high-value-added products. Based on eco-friendly materials, which is an axis for new growth engines, we will respond to the rapidly changing market and customers, while becoming a market leader.”

Global demand for lactic acid – which is used broadly in food, feed and cosmetics in addition to industrials like bioplastics – was valued at approximately USD 2.9 billion in 2021, with an expected annual growth rate of 8%. Global demand for bioplastics and biopolymers is projected to grow from USD 10.7 billion in 2021 to USD 29.7 billion by 2026, representing annual growth of 22.7%.

The joint ventures, which are subject to required regulatory approvals, hope to make final investment decisions around the Decatur projects in 2023. Pending final investment decisions and approvals, construction would be targeted to begin in 2023, and production in late 2025 or early 2026, with the two joint ventures supporting more than 125 jobs in the Decatur region.

Both ventures are participating in the State of Illinois’ Economic Development for a Growing Economy (EDGE) program, which provides incentives to job creators who plan to make investments in Illinois.

“I am thrilled that LG Chem and ADM have chosen Decatur as home for their joint ventures,” said Illinois Governor JB Pritzker. “Our state’s talented workforce coupled with our mission of sustainability make Illinois the best place for these lactic and polylactic acid production facilities. To LG Chem and ADM: thank you for your commitment to our state. It is innovative, plant-based solutions like these that will help us tackle the climate crisis head on.”

“When I led a congressional delegation to South Korea earlier this year, I met with the CEO of LG Chem, Hak Cheol Shin, and shared how Illinois is uniquely positioned for greater investment as a growing hub for innovation, manufacturing and technology. I’m proud my advocacy helped bring this important investment to Illinois,” said U.S. Senator Tammy Duckworth. “LG Chem recognizes what I’ve long known: Illinois is a great place to do business. Building on ADM’s long history in Illinois, I’m glad the leaders at ADM and LG Chem made this decision to help our state lead the transition to a clean energy economy and create good-paying jobs right here so we can help build a better, more sustainable future for communities throughout Illinois. I will continue to spread the message across the country and around the world that entrepreneurs and innovative companies should call Illinois home.”

“Demand for plant-based products is on the rise and it’s no surprise Illinois is attractive to companies looking to expand in this industry,” U.S. Senator Dick Durbin said. “As the federal government seeks opportunities to invest in greener buildings, it will look to states like Illinois that are leaders in the production of eco-products. Today’s news is a positive step and I appreciate the efforts of state and local leaders to bring even more jobs to Illinois.”

“Decatur has a rich heritage in manufacturing products that serve as industry game-changers, and the two ADM and LG Chem ventures announced today are no exception,” said Nicole Bateman, president of the Economic Development Corporation of Decatur – Macon County. “Their collective approach to plant-based innovations are a welcomed addition to the global industry leaders who call Decatur home. ADM and LG Chem will find a great partner in the EDC and City of Decatur to support their infrastructure and operational needs to bring this project to life.”

Learn more about Decatur’s resources for EV & Clean Energy companies here.

Learn about all our amenities for all businesses here.

Forward-Looking Statements

Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.

About LG Chem

LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials, and life sciences. The company manufactures a wide range of products from high-value added petrochemicals to renewable plastics, specializing in cutting-edge electronic and battery materials, as well as drugs and vaccines to deliver differentiated solutions for its customers. LG Chem is committed to reaching carbon-neutral growth by 2030 and net-zero emissions by 2050 by managing the impacts of climate change and making positive contributions to society through renewable energy and responsible supply chains. Headquartered in Seoul, Korea, LG Chem has multiple operation sites worldwide and generated KRW 42.7 trillion (USD 37.3 billion) in sales in 2021. For more information, please visit www.lgchem.com.

About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.

Source: Corporate Release

Source: ADM

LG Chem Contacts: Byeongmin Woo (Team Leader, Communications Team), Goh JangSeok/ (Specialist, Communications Team) (02-3773-6473, 3979)

ADM Contacts: Jackie Anderson (media@adm.com; 312-634-8484)

Commerce Park Ranked Ninth in the Nation for Top Industrial Parks

Decatur, Illinois – Decatur, Illinois’ Commerce Park was recently ranked ninth in the nation in Business Facilities’ 18th Annual 2022 Metro Rankings Report for Top Industrial Parks.

Business Facilities magazine ranked the nation’s leading industrial parks. The magazine states that size, location to markets, growth potential, and recent expansions, as well as assets like water resources, on-site utilities, residential developments, and amenities were key factors in their Industrial Parks ranking.

“Decatur Commerce Park’s many connectivity attributes make it an ideal business location with domestic and international capabilities with close proximity to air, rail and five major highways,” commented property owner/manager Jaime Weiss of Moonachie, New Jersey based Weiss Realty Co, Inc.

Commerce Park, situated on 147 acres off US Route 51 and Interstate 72, is a strategically located industrial park in the Decatur-Macon County Enterprise Zone, adjacent to the ADM Intermodal Ramp which allows for the processing of third-party international shipping containers. Decatur, Illinois is home to the Midwest Inland Port, a multi-modal hub with connectivity to two Class I railroads and two short line railroads.

Weiss’s masterplan plans call for an additional proposed expansion of 488,000 to 1,300,000 SF of warehouse space to be available in two to three separate buildings within the next three years. “We have the capability to construct up to one-million square feet at our 147-acre industrial park,” said Weiss.

“As an industrial park of this size, Commerce Park services massive markets and is able to access more than 99 million people for same-day delivery,” said Nicole Bateman, president of the Economic Development Corporation of Decatur-Macon County. “With rail on site, intermodal ramp across the street and a massive build-to-suit opportunity, it’s easy to see why Commerce Park was recognized as ninth in the nation. It provides rich economic development opportunities for Decatur.”

For more information on the 2022 Metro Rankings Report and Business Facilities, visit BusinessFacilities.com. For more information on Commerce Park, click here.

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For more information on Commerce Park in Decatur, IL please call Jaime or Matthew Weiss at (201)-814-1800 or visit www.jweissrealty.com.

About the Economic Development Corporation of Decatur and Macon County

The Economic Development Corporation of Decatur & Macon County is a nonprofit public-private partnership responsible for non-retail business attraction, expansion and retention efforts in Decatur & Macon County. Composed of a combination of leading private sector employers, labor, educational institutions and a variety of governmental bodies, the EDC is uniquely positioned to address the needs of Macon County’s existing business and employer base along with prospective businesses looking to locate in and around the Decatur, Illinois area. The EDC works with local, state and federal partners to provide economic, technical and training assistance to businesses in the Macon County area.

 

Contacts:

Nicole Bateman, President
Economic Development Corporation of Decatur-Macon County
PH: 217-422-9520

Jaime Weiss, President
Weiss Realty Co.
PH: 201-814-1840

Bateman Elected to Illinois Economic Development Association Board of Directors

 


Chicago, Illinois – Nicole Bateman has recently been elected to the board of directors for the Illinois Economic Development Association (IEDA). Bateman serves as the President of the Economic Development Corporation of Decatur and Macon County. The IEDA is a statewide professional economic development association that supports advocacy, education, and collaboration to enhance Illinois’ global competitiveness.

“It’s an honor to represent Macon County and the central Illinois region at the state level,” Bateman said. “I look forward to strengthening relationships with our statewide partners to bring additional resources to our local businesses and influence policy to attract business to Illinois.”

The IEDA is governed by a Board of Directors composed of eleven members elected annually by the membership-at-large and who regionally represent the interests of economic developers.

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About the Economic Development Corporation of Decatur and Macon County:
The Economic Development Corporation of Decatur & Macon County is a nonprofit public-private partnership responsible for non-retail business attraction, expansion and retention efforts in Decatur & Macon County. Composed of a combination of leading private sector employers, labor, educational institutions and a variety of governmental bodies, the EDC is uniquely positioned to address the needs of Macon County’s existing business and employer base along with prospective businesses looking to locate in and around the Decatur, Illinois area. The EDC works with local, state and federal partners to provide economic, technical and training assistance to businesses in the Macon County area.

 

Contact: Nicole Bateman, President
Economic Development Corporation of Decatur and Macon County
PH: 217-422-9520

ADM to Meet Fast-Growing Demand For Alternative Proteins with Significant Capacity Expansion, New Innovation Center

ADM to Meet Fast-Growing Demand For Alternative Proteins with Significant Capacity Expansion, New Innovation Center

04/12/2022
  • $300M expansion will increase soy protein concentrate production in Decatur, nearly doubling extrusion capacity
  • New Decatur-based Protein Innovation Center will power partnership, innovation and speed to meet growing customer needs

ADM (NYSE: ADM), a global leader in nutrition, announced today that it will invest approximately $300 million to significantly expand its Decatur, Illinois, alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening a new, state-of-the-art Protein Innovation Center, also in Decatur.

“The global trends of food security and sustainability are driving structural changes in the food industry, including strong growth in alternative proteins, and we’re investing to ensure ADM remains a leader in this vast and exciting space,” said Leticia Gonçalves, ADM’s president of Global Foods. “The array of opportunity areas for alternative proteins in foods and nutrition solutions is continuing to grow at 10% CAGR, with alternative meat and dairy sales alone expected to grow by 14% a year and reach $125 billion in 2030. Our sales in this space have been growing at rates much faster than the industry’s, and our work to expand our leadership position with new innovation and capacity is an important driver of future growth for our Nutrition business. We’re proud to continue to invest and innovate, delivering on our strategy, supporting global food security and advancing sustainability for our customers and our future.”

The production increase represents a significant expansion of ADM’s alternative protein capabilities. The project – which is expected to be completed in the first quarter of 2025, subject to all applicable approvals and permits – will significantly strengthen ADM’s ability to meet growing global demand by increasing soy protein concentrate capacity and nearly doubling extrusion capacity at ADM’s Decatur complex. The enhancements will improve production capabilities by utilizing the latest cutting-edge technologies and processes, including best-available control technology in line with ADM’s commitments to environmentally sustainable operations.

The project is only the latest to expand ADM’s global alternative protein production capacity. Last year, the company acquired Sojaprotein, a leading European provider of non-GMO human nutrition protein solutions. Between the two investments, ADM will increase its global alternative protein production capacity by more than 30%.

The Protein Innovation Center will further expand ADM’s cutting edge Decatur-based innovation complex, joining the company’s Food Application Center and Animal Nutrition Technology Center and enhancing the company’s ability to work closely with customers to develop custom solutions to meet their needs. The new Decatur Innovation Center will bring together labs, test kitchens, and pilot-scale production capabilities to power new innovation, from novel and diversified ingredients, to more sustainable and efficient processing, to unique and differentiated texture, taste, appearance and nutrition solutions.

“Our customers choose ADM because we can innovate across the entire value chain, from seed to fork and around the globe, to arrive at the perfect solutions to meet growing consumer demand,” Gonçalves continued. “We’re proud to be the alternative protein partner of choice for global CPGs, food service companies and startups alike, with the highest-quality ingredients, unparalleled global scale, unmatched speed to market, and a value chain that no other company can offer. The investments we’re announcing today showcase our commitment to supporting their success and growing with them as more and more consumers choose alternative proteins.”

Forward-Looking Statements

Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.

About ADM

ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.

Source: Corporate Release
Source: ADM

Jackie Anderson
media@adm.com
312-634-8484

Source: ADM