New soy protein facility in Brazil

Archer Daniels Midland Company has announced plans to invest $250 million in a soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil.

The complex will be located next to the company’s existing soybean processing facility in Campo Grande, and will manufacture a range of functional protein concentrates and isolates. ADM’s Food and Wellness group will market the ingredients.

“We are making this investment to support our customers as they meet increasing consumer demand for protein,” says Matt Jansen, ADM senior vice president and president, Oilseeds. “This complex will allow us to produce these functional ingredients locally, allowing us to serve more efficiently the growing needs of our food and beverage customers throughout South America.”

“For the people of Campo Grande and for farmers in Mato Grosso do Sul, I see this as a great opportunity,” says Valmor Schaffer, president, ADM South America. “This investment adds a new dimension to our value proposition in Brazil and provides a good foundation for future growth for our employees, our customers and the Campo Grande community.”