ADM to set up new global HQ; Decatur to become North American HQ

The firm, which is currently based in Decatur, Illinois, says no layoffs are planned as a result of the move, and it remains “firmly committed to the 4,400 colleagues who will continue to work in Decatur”, ​which will become its North American HQ.

However, it needs a “location that allows us to travel and work efficiently with customers and employees throughout the world” ​and “an environment where we can attract and retain employees with diverse skills, and where family members can find ample career opportunities”, ​said CEO Patricia Woertz,

New HQ will house 100 execs and new IT center​

The company will not say which continent the new HQ will be located in, but says it is “considering locations and having discussions with various public officials and advisors”.​

The plan is to re-locate a “small, corporate team​” of around 100 people to the global center, which will also house a new IT tech center, adding approximately 100 new positions there over the next few years, said Woertz.

We are investing in Decatur’s economic development​

As for Decatur, she said: “To ensure that Decatur remains a strong and vibrant community for years to come, we are also announcing today several multi-year financial commitments. We are investing in Decatur’s economic development to help ensure it flourishes economically, in its schools to foster a strong workforce pipeline, and in critical social services to enhance the quality of community life.​

Specifically, ADM is committing $250,000 a year for three years to fund a public-private partnership and marketing campaign for the Economic Development Corporation of Decatur & Macon County, including the funding of a mayoral economic development fellow; and $500,000 a year for five years to Decatur Public School District 61.

It will also maintain its other Decatur and Macon County community support at $1m a year for at least 10 years.