ADM plans to invest $196 million in Iowa grain plant updates - KWWL - Eastern Iowa Breaking News, Weather, Closings

ADM plans to invest $196 million in Iowa grain plant updates

Posted: Updated:
(AP) -

Archer Daniels Midland plans to invest $196 million in its grain processing plant in Clinton, Iowa.

The Quad-City Times reports the project will update the machinery inside the plant and expand the facility.

ADM spokeswoman Jackie Anderson says the mill produces a variety of corn products, including corn sweeteners, beverage alcohol, ethanol and animal feed.

The plant employs more than 750.

The project will receive more than $8 million in state and local tax credits.

Work on the expansion is expected to begin this year and continue into 2022.

Powered by Frankly