Archer Daniels Midland Co. has selected Chicago, Ill., as the location for its global headquarters and customer center.
“While we considered other global hubs, Chicago emerged as the best location to provide efficient access to global markets while maintaining our close connections with U.S. farmers, customers, and operations,” said ADM Chairman and CEO Patricia Woertz. “In keeping with our intention to establish our global center in a cost-effective manner, we expect to locate a small corporate team of about 50 to 75 employees in the new center.
In addition, Woertz noted that the company will now evaluate alternative sites for its new Information Technology and support center, where it expects to locate about 100 new IT jobs. The company said it will continue to consider potential locations for the IT center in several states and expects to make a decision by mid-year 2014.
ADM will continue to have a significant presence in Decatur, Ill., which will be designated the company’s North American headquarters, and that the company does not plan any layoffs in connection with the move to a new global center.