DECATUR, Ill. -- Decatur residents say they’re relieved—but wary—by Archer Daniels Midland Company’s announcement that it would move its global headquarters while retaining local jobs.
The agribusiness giant says it needs a center with better access to customers, but plans no layoffs in Decatur. ADM has been in the central Illinois city for 44 years and is its biggest employer with 4,400 jobs.
A spokesperson for the County said St. Louis, along with Minneapolis and Chicago are on the short list and those last two cities have something that St. Louis doesn’t.
St. Louis county spokesperson Katy Jamboretz says St. Louis is a perfect fit for Archer-Daniels Midland. She cites the skilled talent pool, along with, a high quality of life, and low cost of living.
The company in Decatur, about a two hour drive from St. Louis, is increasing its presence on a global level. In fact, ADM tells News 4 half its employees work outside the U.S. And it is setting its sight on a city that has something St. Louis lacks, international flights.
"We've heard, for instance, from investors, who say that if they could get on a plane and take a direct flight to get to us that would be terrific.”
National reports indicate that Chicago is a front-runner but ADM will not confirm or deny who is on the short list.