ADM Expands in Central America
Archer Daniels Midland (ADM) has announced it is expanding its operations in Central America with the opening of merchandizing and distribution offices in Guatemala City, Guatemala and San Salvador, El Salvador.
The expansion is part of ADM’s strategic plan to increase its presence in emerging destination markets in Latin America. Teh company plans to supply customers with end-to-end delivery of grains and products through the use of the company’s existing extensive network of infrastructure and port facilities in places like Mexico and Guatemala, and large grain export terminals in the U.S. Gulf.
“We want to get closer to our customers by offering them a full supply chain solution for their grain, meal and oil demand, taking advantage of ADM’s unique, fully integrated transportation network and enhanced distribution capability in each market,” said Federico Gorbea, president and general manager of ADM Latin America.
“We continue to grow our distribution and supply-chain capability in emerging markets in Latin America, Southeast Asia, Africa and Eastern Europe,” said Joe Taets, ADM senior vice president and president of ADM’s Agricultural Services business unit. “Our objective is to improve both our effectiveness and profitability by providing storage and full distribution capability in key destination markets around the world.”