Adm Company Mission Statement

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I was searching for a company that I hadn't heard of before. I wanted to do the research without any preconceived notions of how the company operates or what it's goals are. I ended up choosing a company called ADM. It stands for Archer Daniels Midland, and they are in the agricultural industry. They started in 1902 processing linseed oil which has many uses, most commonly as a wood varnish. Over the years they have diversified into corn, soybeans, cocoa, wheat, other oil seeds, peanuts and other similar products. They are currently headquartered in Chicago, IL. Their mission statement is “To unlock the potential of nature to improve quality of life.” The slogan for the company is “Resourceful by nature.” According to their website: “They are …show more content…

As a leading producer of high fructose corn syrup, they are processing corn in a way that makes it unhealthy. According to the Mayo Clinic, as the increased use of HFCS in soda and fruit flavored drinks so has there been an increase in obesity and type 2 diabetes. They do go on to say that there hasn't been a study that can directly link them. There are however more companies offering their products without HFCS everyday. Many food companies, including restaurants and grocery stores have moved toward more healthy products. The consumer today is far more informed than they ever have been in the past. In 1950 there were more than 700 food additives in use in food being sold at the time, only 428 were known to be safe for consumption. These additives add shelf life and flavors to products for companies around the world and are able to cut costs giving the consumer a choice to eat or drink …show more content…

President Jimmy Carter visited with the president of ADM in 1978 during the Arab oil embargoes and asked that they produce ethanol to supplement the lack of gasoline that would be coming into the US. Studies have shown that ethanol, which is required to be blended into gasoline at least 10%, actually lowers the fuel efficiency of most cars by 5% fewer miles per gallon. The US government has subsidized corn farmers, and the ethanol producers for years and a report from Cato institute estimates that for every dollar of profit made from these products by ADM costed the tax payers around thirty. The same ethanol production process can also be made into gin, so based on the market conditions ADM can either use their facilities to make ethanol or gin on a government

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