Archer Daniels Midland Message Board

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Gold/Mining/Energy : Archer Daniels Midland

ADM 56.97

+0.4%

Nov 7 9:30 AM EST

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To: gladman who wrote (4)	5/14/2006 8:18:42 PM
From: Edscharp	Read Replies (1) of 84

Gladman, Thanks for posting. Where will they get additional capacity? According to a recent press release they are building another ethanol refinery in Iowa. (link below). biz.yahoo.com I do think that it is ethanol that will propel the future growth of ADM. They appear to be in the right place at the right time. I assume you mean by 'tightly capacitized business' you mean they only build those facilities that can be fully utilized to make product for an already known market. This would make complete sense for corn syrup production. If Ethanol turns out to be a growth industry they'll have to build them pretty fast.

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