Archer Daniels Midland Company has selected Cedar Rapids, Iowa as the second location for its ethanol capacity expansion. The Company will build a dry corn milling plant with an initial annual capacity of 275 million gallons adjacent to the existing corn processing plant.
The company recently announced it would build its first 275 million gallon plant in Columbus, Nebraska.
Construction on the Cedar Rapids expansion, expected to be complete in the second half of 2008, is subject to applicable governmental approvals.
Archer Daniels Midland Company (ADM) is one of the world’s largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in the production of soybean oil and meal, ethanol, corn sweeteners and flour.
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