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Archer Daniels Midland Receives $2.23 Million in Tax Credits for Precision Fermentation Facility in Iowa.
Aug 25, 2026•about 4 hours ago
Contract Type
contract
ChicagoFood and BeverageAgriculture and FarmingDescription
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.
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