ADM to Invest $300M to Grow Alternative Protein Production in Illinois
Archer Daniels Midland (ADM) announced its plans to invest $300 million to significantly expand the production of alternative protein at its Decatur, Illinois, site in response to growing demand.
Part of the investment also will be allocated to the opening of a new state-of-the-art Protein Innovation Center in Decatur.
The project, which is expected to be completed in Q1 2025, will leverage the latest cutting-edge technologies and processes to increase soy protein concentrate capacity and double extrusion capacity at the Decatur complex. The new innovation center, which will join the company’s Food Application Center and Animal Nutrition Technology Center, will bring together labs, test kitchens, and pilot-scale production capabilities to enable the company to work closely with customers to develop custom solutions to meet their needs, whether novel and diversified ingredients, sustainable and efficient processing, or differentiated texture, taste, appearance, or nutrition solutions.