CARGILL, INCORPORATED Overview
Company Headquarters: Minnesota, United States
Founded: 1865
Workforce: ~155,000
Company Working: Cargill, Incorporated (Cargill) is one of the largest conglomerates involved in the manufacturing of various agricultural, food, and industrial products and service providers of financial products and risk management. The company’s operational segment includes animal nutrition, food ingredients, protein, branded foods, and bio-industrials, and has manufacturing facilities in 70 countries equipped with the latest technology and state-of-the-art laboratories across the world. Cargill also serves the manufacturers of personal care products, pharmaceuticals, papers, and corrugated boxes. The consumer base of the company is spread across 125 countries. The company has a wide range of sweetener products including glucose-fructose syrups, dextrose, and glucose syrups.
Owing to the company’s superior quality and performance in the respective categories has received various awards including Burger King and Restaurant Services, Inc.’s North America Supplier of the Year Award and Sustainability Award; US Foods’ Grocery Supplier of the Year Award; Jollibee Food’s Partner of Joy Bronze Award, Special Award for Quality, and Special Award for Innovation; Convenience Meal Product of the Year Award for its ALDI brand; and Yum’s U.S. Supplier of the Year Award & Diversity and Inclusion Award. The company has research & development centers present across 200 countries including special R&D facilities like Animal Nutrition Innovation Centers, Asia Innovation Center, Biotechnology Development Center, Cargill ONE Innovation Center, European Food Innovation Center, Latin America Innovation Center, Minneapolis R&D and Innovation Centers, and Wichita Innovation Center.
Strategy
Cargill’s initiative of its various production facility expansion over the years includes an investment of over USD 800 million in the starch and corn processing plants in Indonesia and in other Asia countries including China which plays a major role in the company’s glucose products production and manufacturing. Especially the company’s continuous efforts in Indonesia support the country’s economy which results in a better operating environment for business in the country and the export of products to other international markets. For instance, the Minister for Economic Affairs has mentioned that Cargill’s investment has boosted the country’s food & beverage industry and hence they are also initiating several steps to ensure the availability of the required raw materials for processing. Moreover, the company’s extensive network of research & development centers and facilities with experienced scientists and experts plays a major role in product innovation that is specific to the market and industry trends.
