Archer Daniels Midland Plans 2015 Opening for IT Center in Northern Ky.
- Dec 22, 2014
Archer Daniels Midland Co. plans to open an information technology center in Erlanger, Ky., during the second half of 2015, the Chicago-based agricultural processing company announced on Dec. 11. The facility will be located in an unoccupied building on the campus of WILD Flavors GmbH, which was recently acquired by ADM.
About 200 jobs are expected to be created, including positions for project managers, business analysts and solution integrators. In order to attract ADM, the Kentucky Economic Development Finance Authority gave preliminary approval for up to $5 million in tax incentives through the Kentucky Business Investment program. ADM will also receive tax benefits of up to $200,000 through the Kentucky Enterprise Initiative Act.
“I am delighted to celebrate ADM’s location of a new IT center in Erlanger,” said Kentucky Gov. Steve Beshear. “This investment not only creates 200 high-paying jobs for the citizens of northern Kentucky, but it also demonstrates the company’s confidence in Kentucky’s quality workforce and business climate. I look forward to working with ADM as they continue to grow their presence in the commonwealth.”
Marty Schoenthaler, ADM’s chief information officer, cited several major advantages offered by the locating the facility in Erlanger. “One of the ways in which ADM is making ongoing progress in enhancing returns is through careful consideration of costs throughout the business. In this case, we are controlling costs by using available space in a building we already own, and also benefiting from tax incentives offered by the commonwealth,” Schoenthaler said.
“We will also be able to recruit from a strong local talent pool in northern Kentucky, and we will have quick and easy access to a major airport. This is a great example of the many synergies that we’re realizing following the WILD acquisition,” he added.