A new cocoa processing facility, operational as of mid 2007, will be built in the mid- Atlantic region of the United States to meet growing demand for premium cocoa ingredients.
Mark Bemis, vice president and president of ADM cocoa said:
"ADM is furthering its leadership position in the cocoa marketplace with this state of the art facility. ADM's investment illustrates our commitment to our customers' growing needs for premium cocoa ingredients."
ADM specialises in agricultural processing and also has divisions dealing with soybeans, wheat, ethanol, corn sweeteners and flour. The Illinois based firm has 250 processing plants across al these industries and achieved net sales of $35 billion in fiscal 2005.