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Archer Daniels Midland Receives $2.23 Million in Tax Credits for Precision Fermentation Facility in Iowa.

Aug 25, 2026

Contract Type

contract

ChicagoFood and BeverageAgriculture and FarmingFood And BeverageFarmingNutrition

Description

The Iowa Economic Development Authority awarded Archer Daniels Midland $2.23 million in tax credits for converting its Clinton complex into a fermentation production facility. This $55.5 million investment responds to a 550% increase in demand for precision-fermented egg-white protein ingredients.

Company Information

Company

Archer-Daniels-Midland Company

Location

Chicago, Illinois, United States

About

Archer-Daniels-Midland Company (ADM) is a global leader in human and animal nutrition and the world's premier agricultural origination and processing company. The company operates through four business segments: Ag Services & Oilseeds, Carbohydrate Solutions, Nutrition, and Other. With over a century of experience, ADM is committed to fulfilling its mission to unlock the power of nature to enrich the quality of life.

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