ADM expands Central American operations
Archer Daniels Midland Company (ADM) has announced that it is expanding its presence in Central America with the opening of distribution and merchandising offices in El Salvador and Guatemala.
The offices - in San Salvador, El Salvador, and Guatemala City, Guatemala - are part of an ongoing effort to provide customers full end-to-end delivery for grains and products. One of the ways in achieving such a service is by using in-county distribution and merchandising offices to serve destination markets from ADM's extensive regional network.
"We want to get closer to our customers by offering them a full supply chain solution for their grain, meal and oil demand, taking advantage of ADM's unique, fully integrated transportation network and enhanced distribution capability in each market," said Federico Gorbea, the president and general manager of ADM Latin America. "We are very excited about the opportunities we see to expand our business in these two countries and elsewhere in the region."
"We intend to use existing infrastructure such as our port facilities in Mexico and Guatemala, and large grain export terminals in the US Gulf, to increase destination marketing in these countries," Gorbea added.
"We continue to grow our distribution and supply-chain capability in emerging markets in Latin America, Southeast Asia, Africa and Eastern Europe," said Joe Taets, ADM's senior vice president and the president of the corporation's Agricultural Services business unit. "Our objective is to improve both our effectiveness and profitability by providing storage and full distribution capability in key destination markets around the world."
ADM has operations in Mexico, Panama, the Dominican Republic and Puerto Rico and an existing joint-venture grain storage facility at a port in Guatemala. The company also has an extensive network of flour mills and feed mills in the Caribbean, namely, Jamaica, Belize, Barbados, Grenada and Trinidad, as well as a port facility in Jamaica.