ALPHARETTA, GA. – Golden Peanut and Tree Nuts, a subsidiary of Archer Daniels Midland Co., plans to invest in a new warehouse with a capacity of 18,000 tonnes at its receiving and storage facility in Alejandro Roca, Argentina, the company said Jan. 26.
“Argentina is one of the largest producers of edible peanuts in the world, and as a major global player, Golden Peanut is investing to ensure that we have more than enough capability to continue to meet increasing demand,” said Greg Mills, president of Golden Peanut and Tree Nuts, a handler and processor of peanuts and tree nuts based in Alpharetta.
New loading systems at the Argentine facility will include an overhead belt to receive incoming farmer stock and an underground belt to feed the processing operations directly.
“Increasing crops in the region without corresponding increases in storage have led to bottlenecks and loss of product,” said Carlos Urquiza, president and general manager of Golden Peanut and Tree Nuts’ operations in Argentina. “Our new warehouse will reduce losses, decrease unload times and improve quality control from the farm field to the customer.”
Golden Peanut and Tree Nuts has 13 processing facilities in the United States and one in Argentina. In South Africa, the company is the majority owner of peanut processing plants in Hartswater, Hoopstad and Jan Kempdorp as well as 51% owner of pecan processor and marketer GPC Pecan S.A.