Archer-Daniels-Midland Company $ADM has announced the closure of its soybean processing plant in Kershaw, South Carolina, by the end of spring as part of a larger cost-reduction and consolidation strategy previously revealed earlier this year. This decision highlights the company's ongoing efforts to streamline operations amidst challenging market conditions and financial difficulties stemming from a recent accounting scandal.

The American corporation Archer-Daniels-Midland (ADM), specializing in grain trading and oilseed processing, continues to optimize its business processes by reducing the workforce in its largest division. According to information from three sources, the company plans significant changes to enhance financial stability and efficiency.