The dual announcement reflects the company’s commitment to balancing financial discipline with investments in leadership capabilities as it navigates a challenging operating environment.
The stronger performance was driven primarily by robust results in its Soybean and Softseed Processing and Refining segments, supported by improved market conditions and an expanded global platform following the Viterra integration.
The mill will be built on the site of the company’s former wheat flour mill, which was decommissioned and razed after operations ended in November 2025.
The investment is designed to help the facility move higher volumes of grain and feed products more efficiently, strengthening the movement of grain and feed products through ADM’s North American supply chain.
The all-cash deal will take Utz private and marks Intersnack’s first major expansion into the United States, strengthening its position in the global savory snacks market.