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Archer Daniels Midland Set To Move HQ Out Of Decatur

Archer Daniels Midland says that after 44 years in Decatur, it is looking for a new location for its headquarters.

ADM CEO Patricia Woertz said in a news release Monday that the company needs what she called a global center with better access to customers and other employees around the world.

The company isn’t saying where it might go.

ADM said the new headquarters would have about 200 employees, half of which are re-located from Decatur and half created as part of a new IT tech center.

The company says that they would keep 4,400 other workers in Decatur and does not plan any layoffs.

Gov. Pat Quinn's spokeswoman said she does not know if ADM has asked for any incentives to keep its headquarters in Illinois.

ADM is No. 27 on the Fortune 500. It is the largest employer in Decatur.