Business Wire

ADM Expands Destination Marketing Capabilities with Completion of Industries Centers Acquisition

Del

Archer Daniels Midland Company (NYSE: ADM) announced today that it has completed its acquisition of a controlling interest in Industries Centers, which will now be known as ADM Israel.

“By combining ADM’s unparalleled global network with the experience and capabilities of Industries Centers, ADM Israel offers customers in Israel unequalled service, including end-to-end supply chain management,” said Joe Taets, president of ADM’s Agricultural Services business unit. “We’re looking forward to expanding to offer both new and existing customers in Israel a wide array of products, from soybean meal to grains to feed ingredients.”

ADM Israel, which serves a significant and diversified customer base within Israel, operates a 45,000 MT storage facility strategically located at the Port of Ashdod.

“This is yet another way in which ADM is expanding its global origination and distribution network into new geographies, and growing our capability to deliver products from around the globe directly to customers,” Taets added. “From our Medsofts joint venture to our ports on the Black Sea to our new venture here in Israel, we are committed to enhancing our global origination and logistics capabilities so that we can offer customers around the world best-in-class service.”

Omer Eran, CEO, ADM Israel, added, “Having been a customer of ADM for so many years, it is a proud day for all of us at Industries Centers, as we partner with ADM and begin a new journey together as ADM Israel.”

Forward-Looking Statements

Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 32,000 employees serving customers in more than 160 countries. With a global value chain that includes approximately 500 crop procurement locations, 250 ingredient manufacturing facilities, 38 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.

Contact information

Archer Daniels Midland Company
Media Relations
Jackie Anderson
media@adm.com
+1 312-634-8484
or
Aurelie Giles
media-eu@adm.com
+41 21 702 84 00

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Andersen Global Announces Collaboration with Budapest Law Firm22.1.2019 14:30Pressemelding

Andersen Global announced a collaboration agreement with Szabo Kelemen & Partners Attorneys, a respected law firm based in Budapest, Hungary. Hungary marks the 38th country in which Andersen Global offers legal services, expanding the international association’s growing presence in Eastern Europe. Andersen Global is now present in more than 46 countries worldwide. Founded over two decades ago, Szabo Kelemen & Partners began as the legal arm of EY in Hungary. The firm has since grown to be the premier law firm in Budapest. The team is comprised of more than 30 professionals with decades of legal experience and international accolades, and will continue to advise local and international clients on tax, corporate and commercial issues in various industries. “We started as part of the Big Four, and over the last several years, as we’ve watched Andersen Global grow and set the client service bar higher, it was fitting and natural that we join forces to provide our clients with the very best

Jabil Advances Additive Manufacturing Market with Integration of Engineered Materials, World-Class 3D Printing Machines and Proven Processes22.1.2019 13:32Pressemelding

Jabil (NYSE: JBL) today introduced a complete solution for creating, integrating and validating custom engineered materials for additive manufacturing. The availability of Jabil Engineered Materials reinforces the company’s 3D printing leadership while driving further adoption of 3D printing to produce highly functional parts for diverse and unique customer applications. “Jabil is taking advantage of its rich history in materials science innovation to advance the entire additive manufacturing market forward and produce custom materials in weeks—not months,” said John Dulchinos, vice president of digital manufacturing, Jabil. “Our ability to integrate new engineered materials into our ecosystem of 3D printers and rigorous processes will transform a new generation of additive manufacturing applications, including those for heavily regulated industries, such as aerospace, automotive, industrial and healthcare.” According to a 2019 survey of 3D printing stakeholders sponsored by Jabil, exp

FLIR Launches Scion Thermal Monocular for Public Safety Professionals22.1.2019 13:00Pressemelding

FLIR Systems, Inc. (NASDAQ: FLIR) announced today the launch of the FLIR Scion™ Professional Thermal Monocular (PTM) for public safety professionals. The Scion PTM is powered by FLIR’s high-performance Boson® thermal core for greater image quality and features connectivity with FLIR TruWITNESS® to allow real-time encrypted thermal video streaming to provide professionals with greater situational awareness. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005289/en/ The new FLIR Scion Professional Thermal Monocular (PTM) for public safety professionals can stream live thermal video to provide greater situational awareness. (Photo: Business Wire) The rugged Scion PTM features FLIR’s most advanced thermal imaging core, which allows users to quickly detect objects with greater detail and offer clear vision in low visibility conditions. Available in a 60 hertz refresh rate, the Scion PTM features 2 gigabytes of internal stora

FLIR Introduces Assisted Docking Technology and First Boat Manufacturer Partner22.1.2019 09:00Pressemelding

FLIR Systems, Inc. (NASDAQ: FLIR) today announced the Raymarine DockSense™ assisted docking system, the marine industry’s first intelligent object recognition and motion sensing assisted docking solution for recreational boating. DockSense system uses FLIR machine vision camera technology and video analytics to integrate intelligence gathered from surrounding imagery with the vessel’s propulsion and steering system to assist boat owners in tight quarter docking maneuvering. Additionally, FLIR announced that Prestige Yachts, a Groupe Beneteau brand, will become the first to demonstrate the technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005313/en/ Docking a boat can be a stressful experience, even for the most experienced captains. Often wind and tides make the task more difficult, and docking mishaps can become expensive repairs and safety hazards. The DockSense system is designed to augment a captain's boat

BIOCERES and UNION ACQUISITION CORP. announce Bioceres’ unaudited quarterly operating results for the period ended December 31, 201822.1.2019 08:52Pressemelding

Bioceres, a leading Latin American agricultural biotech company (the “Company”), and Union Acquisition Corp. (NYSE: LTN) (“UAC”), a special purpose acquisition company, today announced the Company’s unaudited operating results for the quarter ended December 31, 2018. The parties had previously announced the execution of a definitive share exchange agreement (the “Exchange Agreement”) pursuant to which the Company will contribute its agricultural solutions business in exchange for equity of UAC. The Company reported unaudited revenues of $62.6 million during the quarter ended December 31, 2018, which represents a 33% growth rate over the same period a year ago. The adjustments and the translation mechanism from the application of IAS 29 had a positive impact of $8.7 million during the quarter ended December 31, 2018. Additionally, the Company’s management team expects Gross Profit and EBITDA margin performance to exceed that of the same period a year ago. Members of UAC’s sponsor and, o

Tradeshift Announces Record Year and Exceptional Growth in Every Category Heading Into 201922.1.2019 08:00Pressemelding

Tradeshift, the leader in supply chain payments and marketplaces, today announced results from the fourth quarter of 2018, marking the eleventh quarter in a row of successive growth and beating targets. Tradeshift’s fourth quarter growth stats announced today include: YoY new bookings grew 250 percent New total contract value grew by $59M in Q4 YoY revenue grew 178 percent (trailing 12 months) Gross Merchandise Volume (GMV) more than doubled, growing by 112 percent YoY Tradeshift Go experienced high growth with 12 deals signed in Q4 Signed App partner Transfermate, allowing Tradeshift customers to easily receive and make foreign currency payments Expanded Partner ecosystem with two additional BPO partners signed The company’s customer roster continued strong growth this quarter adding a record 49 new customers, including Charter Hall, HSBC, Econocom and more. “2018 was a record setting operational year for us,” said Christian Lanng, CEO and co-founder of Tradeshift. “It’s been so grati