Saturday, January 14, 2012

Ill., Decatur wait for details on ADM job cuts (AP)

DECATUR, Ill. ? City officials in Decatur and Illinois economic development officials say they've talked to Archer Daniels Midland about its plans to cut 1,000 jobs but are waiting to find out how many will be in the state.

Decatur City Manager Ryan McCrady said Wednesday he's optimistic that the Decatur-based agricultural processor's job cuts will be widely spread enough to avoid hurting the city too baldy. ADM has 4,000 employees in Decatur.

Another major local agricultural firm, Tate & Lyle, is in the process of moving its headquarters from Decatur to Hoffman Estates.

Marcelyn Love of the state Department of Commerce and Economic Opportunity says the agency has talked with ADM about what it can do to limits cuts in Illinois.

ADM says it plans to cut primarily salaried workers.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120111/ap_on_bi_ge/us_archer_daniels_midland_decatur_illinois

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