ALPHARETTA, GA. — Golden Peanut and Tree Nuts, a subsidiary of Chicago-based Archer Daniels Midland Co., said it will invest to significantly expand the capacity of its peanut oil processing facility in Dawson, Ga.
|Greg Mills, president, Golden Peanut and Tree Nuts.
“The peanut — and peanut oil — business in the U.S. is poised for growth, and we’re investing to meet our customers’ needs,” said Greg Mills, president, Golden Peanut and Tree Nuts. “Consumers today are looking for cleaner labels, and peanut oil is non-G.M.O., non-trans fat, and — when highly refined — allergen-exempt. The U.S. is currently a net importer of peanut oil, and with the increase we’re seeing in domestic demand as well as the current strong outlook for the U.S. peanut crop, Golden is ready to meet customer needs with domestic production.”
The project is expected to be completed by the second quarter of 2016.Golden Peanut and Tree Nuts handles, processes and exports peanuts and tree nuts. Headquartered in Alpharetta, the company has 13 processing facilities in the United States, three in South Africa and one in Argentina.