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 Aug. 21, 2012 Source: ADM news release ADM Alliance Nutrition, Inc., a wholly owned subsidiary of Archer Daniels Midland Company (NYSE:ADM), has announced the acquisition of certain assets (including physical assets) of J&J Agri Services, a manufacturer of liquid animal feed supplements. J&J Agri Services, based in Sherman, Texas, is a division of H&H Agri Sales and Service Inc. and produces and supplies liquid cattle feed supplements to producers in Texas, Oklahoma, Arkansas, Kansas and Missouri. This acquisition follows ADM Alliance Nutrition's entrance into the liquid feed business with the acquisition of certain assets of Cattleman's Choice Loomix® in June, 2011. "As the Loomix business continues to grow and succeed, the acquisition of J&J Agri Services' assets complements that expansion by providing ADM Alliance Nutrition with the opportunity to enter the South and Midwest liquid feed business with another proven, value-added offering. It also expands our opportunity to utilize ADM co-products," said Mike Manning, ADM Alliance Nutrition vice president. Ken Munsch, director of Liquid Feeds for ADM Alliance Nutrition, expanded on what this acquisition would bring to producers under the Loomix brand, saying, "It will increase the capability and diversity of our product line as we advance towards our goal of being the provider of choice to all facets of the liquid feed business. If a cattle producer prefers to use a liquid supplement, we want our product to be the product of choice." About ADM Alliance Nutrition ADM Alliance Nutrition, Inc. is a wholly owned subsidiary of Archer Daniels Midland Company and a leading producer of livestock feeds and supplements. Based in Quincy, Ill., ADM Alliance Nutrition offers consistent, high-quality feed products, supplements, premixes, custom ingredient blends and feed ingredients to help livestock producers achieve the greatest possible return from the grain and forage they utilize in livestock production. For more information about ADM Alliance Nutrition and their products, visit www.admani.com. About ADM For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses. With more than 270 processing plants, 420 crop procurement facilities, and the world's premier crop transportation network, ADM helps connect the harvest to the home in more than 160 countries. For more information about ADM and its products, visit www.adm.com. Tweet |
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