Adm To Close Brazil Pet-food Plant Amid Cost-cutting 

Credit: Jonathan Weiss/Shutterstock.

ADM is to unopen manufacturing works successful Brazil, marking nan extremity of its accumulation of pet nutrient successful nan country.

The US agri-food elephantine is closing its tract successful Três Corações successful nan eastbound authorities of Minas Gerais.

The installation supplies branded pet-food products arsenic good arsenic livestock and aqua feed. 

“We will nary longer person dedicated pet manufacturing accommodation successful Brazil. Our pet business successful different countries and regions will continue,” nan institution said successful a statement.

“ADM is ever assessing its portfolio arsenic we attraction globally connected strategical simplification to guarantee we’re operating nan correct assets to meet customer needs, execute our returns objectives, and beryllium nan astir effective usability of each portion of nan business.

“After exploring a wide assortment of alternatives, we’ve wished that our Três Corações installation and related businesses and assets nary longer align pinch our early operational needs.”

Around 750 unit activity astatine nan facility, who, on pinch astir 150 labor astatine other, undisclosed locations, will beryllium affected by nan closure, ADM confirmed.

In February, ADM outlined plans to prevention $500-700m complete nan adjacent 5 years done little manufacturing costs, cuts successful purchased materials and occupation losses. The institution pointed to “ongoing marketplace challenges, including world legislative and regulatory argumentation uncertainty”.

In 2024, ADM generated $85.5bn successful revenue, an 8.9% alteration from 2023.  

Operating profit fell 28.8% to $4.2bn, and nett profit decreased 47% to $1.8bn.

In nan first 4th of 2025, ADM reported $20.17bn successful revenue, down 7.6% from Q1 2024.  

Net net attributable to ADM plunged 59.5% to $295m and total conception operating profit was $747m, down 38% versus nan anterior twelvemonth quarter