ADM plans to close its Bushnell, Illinois plant to optimize soybean protein production and enhance operational profits at its Decatur facility. The move is part of a broader cost-cutting strategy aiming to save $500-$700 million over three to five years. The company has already closed its Kershaw, South Carolina soybean processing plant and faces external pressures from trade tensions.
Archer Daniels Midland (ADM) has announced a strategic move to enhance its global soy protein production network, which includes the planned closure of its Bushnell, Illinois facility. The decision is part of a broader cost-cutting strategy aimed at optimizing operational efficiency and profitability, with projections indicating potential savings of $500-$700 million over the next three to five years [1].
ADM's latest announcement focuses on leveraging the recently recommissioned Decatur East plant in Illinois, along with other facilities in its global network, to offer best-in-class service to customers. The company intends to cease operations at its Bushnell facility, which is expected to contribute to the consolidation of its soy protein operations into a more efficient global network [2].
Ian Pinner, president of ADM’s Nutrition business, highlighted the company's commitment to operational excellence and strategic growth. "Optimizing our soy protein production network is an example of how we’re strengthening our asset platform, combining capital discipline with smart organic innovation and operational improvements to increase cash flows and returns," Pinner said. He also emphasized that the company expects operating profit to improve over time as it achieves manufacturing efficiencies and rebuilds its Specialty Ingredients business [1].
The closure of the Bushnell facility is part of ADM's broader focus on portfolio optimization and simplification. The company has already closed its Kershaw, South Carolina soybean processing plant and is facing external pressures from trade tensions [1]. ADM is committed to a smooth, planned transition with any affected customers, gradually winding down operations at the Bushnell facility and transitioning them to other invested assets [2].
ADM’s strategic move underscores its commitment to operational efficiency and cost management, positioning the company to better serve its customers and maintain its competitive advantage in the global market. The company continues to advance its portfolio optimization initiatives and operational excellence agenda, including cost management, enhanced productivity, targeted simplification, strategic growth, and capital discipline [1].
References:
[1] https://www.stocktitan.net/news/ADM/adm-announces-streamlining-of-soy-protein-production-9sa5tfq0qygh.html
[2] https://www.businesswire.com/news/home/20250829622122/en/ADM-Announces-Streamlining-of-Soy-Protein-Production-Network
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