ADM plans to move headquarters

ADM plans to move headquarters

DECATUR -- After 44 years in town, the company announced it's looking for a new location for its headquarters.
 DECATUR -- Archer Daniels Midland Company is looking for a new home for its global center. It plans to move its headquarters out of Decatur after more than four decades in Central Illinois.

The company isn't leaving altogether. The vice president says the company is growing and becoming more global with offices in Brazil and China. That's why they feel the global center should be based in a bigger city.

ADM's global headquarters has been in Decatur for nearly 45-years. But come 2014, the company will move 100 employees to a new city.

"Over the last two decades ADM has really become not a North American company with some global operations, but it's truly a global company," said company Vice President Victoria Podesta.

The company is not saying where its headquarters will go, but it's clear about what it's looking for.

"We need to be in an international hub city that's close to an international airport. We need to be in a place that customers can reach us easily and from where we can travel the world and work with business partners and customers. We want to have a city that has a wide skill base so that we can attract the kinds of employees we need to attract in the future."

Despite the relocation of the global headquarters, ADM says it will remain dedicated to Decatur and to the thousands of employees there.

"Anything that makes ADM more competitive in a global environment, it allows them to increase their sales globally, will benefit Decatur because those products are made in Decatur."

ADM's Decatur office will be designated the North American Headquarters. The company has around 4,500 employees and does not plan any layoffs in connection with the move.

ADM is donating millions to prove its commitment to the city. It'll give $250,000/year for three years to fund a marketing campaign for Decatur and Macon County.

The company is giving $500,000/year for five years to the Decatur Public School District. It'll also continue to maintain community support at $1-million/year for at least ten years.
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