About CARGILL, INCORPORATED
Cargill may be private, but it's highly visible. The agribusiness giant, the largest private corporation in the US, has operations in about 70 countries. It has five business units -- Agriculture Services (customized farm services and products); Food Ingredients and Applications (food and beverage ingredients, and meat and poultry products); Industrial, Origination and Processing (commodity origination, processing, marketing and distribution); Risk Management and Financial (risk management and financial solutions); and Industrial (salt, steel, and fertilizer). Cargill's customers include food, beverage, industrial, pharmaceutical, and personal care product makers, as well as farmers and food service providers.
Through its handful of business segments, the company offers a plethora of diversified operations and products, including grain, cotton, sugar, petroleum, and financial trading; food processing; futures brokering; health and pharmaceutical products; animal feed and crop protection; and industrial products such as biofuels, oils and lubricants, starches, salt, and fertilizer for crop and livestock farmers.
In 2011 Cargill sold its 64% stake in
Focusing on its grain business, Cargill acquired alcohol producer Royal Nedalco, a subsidiary of Dutch food ingredients cooperative
Cargill is one of the leading grain producers in the US, and its Excel unit (part of
Cargill's focused on diversifying its products portfolio further and reaching into new geographic markets. Already producing the NatureFresh and Gemini brands of sunflower oil in India, Cargill in 2011 inked a deal to purchase the refined sunflower oil brand Sweekar from Indian consumer goods maker Marico, which has been looking to sell off the brand. Cargill also formed a beef processing and cattle feeding joint venture with Teys Bros. in Australia in fiscal 2012. Teys is the second-largest beef processor and exporter in Australia, and the joint venture processes more than 1 million head of cattle annually.
During fiscal 2011 Cargill also tookover control of Indonesia-based PT Sorini Agro Asia Corporindo, a maker of sorbitol and other starch products (including maltodextrine, maltitol). As part of the purchase, Sorini was made a subsidiary of Cargill, and Sorini president K L Chopra continued to run the unit. Sorini's offerings are used in a range of consumer goods, such as food, beverages, cosmetics, personal care products, and pharmaceuticals. The increased presence of consumer products companies in emerging markets offers vast opportunities for Cargill's ingredients business, as Sorini's offerings are key supplies for food and other packaged goods manufacturers. The Sorini acquisition was fueled by a good year for Cargill, which saw three of its five segments post improved results in 2010 compared to 2009 because of the company's diversity. Its Agriculture Services segment, which comprises some 40 food ingredient and animal protein business units, led the pack, rising significantly in 2010 thanks to a hearty harvest in North America and improved results in global animal nutrition products and services.
Cargill has bulked up its animal nutrition business, largely through acquisitions, too. In late 2011 it acquired animal feed supplier
To ensure that it continues to fare well during the economic downturn, the agribusiness has been making bolt-on purchases in other areas. In early 2011 Cargill acquired
Besides chocolate, Cargill has its hands in other markets that serve up sweets. The company has a partnership with
In another sweet deal, the company has built its first sugar refinery. Located in Louisiana and with an annual production capacity of 1 million tons, the refinery is part of the company's strategy to expand its sweetener offerings. Although it already trades raw sugar in China, the Netherlands, Switzerland, and the US and operates sugar export terminals in Brazil, the refinery is Cargill's first foray into directly producing the commodity. The operation is a 50-50 joint venture between Cargill and Louisiana agricultural cooperative Sugar Growers and Refiners (SUGAR).
In 2009 Cargill formed a joint venture with SUGAR and
Cargill is looking for additional growth opportunities in the world of bio-plastics. The company reclaimed full control of its
Cargill sold its Brazilian pork and poultry operation
Cargill reaches into commodities, as well. In Australia Cargill in 2011 acquired the majority of the commodities management business of
480 Co-Op Dr
Timberville, VA 22853-22853
Phone: 1 (540) 879-2521
Employer Type: Unknown
Pres-ceo: H Willardsen
V Pres: Gary Grauman
Dir Of Mktg: James Hoagland
Employees (This Location): 1,600
Employees (All Locations): 2,700