ADM receives $2.23M Iowa tax credit for fermentation project

Key facts

• ADM was awarded $2.23 million in Iowa tax credits.
• The tax credits are designated for an expansion project at ADM's Clinton facility.
• The expansion aims to increase capacity for producing proteins and enzymes.

Archer Daniels Midland (ADM) has secured $2.23 million in tax credits from the state of Iowa. These credits are allocated for an expansion project at the company's facility located in Clinton, Iowa. The expansion is intended to boost the production capacity for proteins and enzymes.