$ADMQ New facility will add up to 5x production ca
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Posted On: 02/05/2024 2:34:21 PM
$ADMQ New facility will add up to 5x production capacity
ADM is expected to bring a new, 80,000 sq. ft. facility online in the Fall of this year. ADM expects to receive building permits and commence construction in the coming months. The building is bank financed with a construction loan at 10 year, 5 12% that can be drawn against to make necessary payments. The custom fabricated metal for the building has already been paid for and is on site. The building is expected to be completed in Fall 2024, with operations commencing before the end of the year.
https://finance.yahoo.com/news/adm-endeavors-...00677.html
ADM is expected to bring a new, 80,000 sq. ft. facility online in the Fall of this year. ADM expects to receive building permits and commence construction in the coming months. The building is bank financed with a construction loan at 10 year, 5 12% that can be drawn against to make necessary payments. The custom fabricated metal for the building has already been paid for and is on site. The building is expected to be completed in Fall 2024, with operations commencing before the end of the year.
https://finance.yahoo.com/news/adm-endeavors-...00677.html
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