Cargill, Incorporated is a privately held global food corporation based in Minnetonka, Minnesota, USA. It was founded in 1865 by William W. Cargill as a small grain storage facility and has since grown to become one of the largest privately held corporations in the United States, with revenues of over $60 billion. The company deals in food, agriculture, financial, and industrial products and services and operates in over 70 countries, employing more than 160,000 people. Although it has faced criticism for its impact on the environment, labor practices, and involvement in controversial industries, Cargill has taken steps to address these concerns, investing in sustainable agriculture practices and working to improve the lives of farmers and communities around the world. The company is also part of the eTrade Alliance and supported by USAID.
Cargill, Incorporated is a global food corporation that has a long and complex history. The company was founded in 1865 by William W. Cargill in Conover, Iowa, as a small grain storage facility. William W. Cargill was born in 1827 in Pennsylvania and moved with his family to Wisconsin in the 1850s. In 1860, he married Caroline Anne Bigelow, and they had two children, Edna and John.
In its early days, Cargill dealt primarily in wheat and grains, and by the 1880s, it had expanded into the flour milling business. In 1884, William Cargill moved his family and the company headquarters to La Crosse, Wisconsin, and renamed the company W.W. Cargill Company. Under William Cargill's leadership, the company continued to grow and expand, and by the early 20th century, it had become one of the largest grain traders in the United States.
After William Cargill's death in 1909, his son-in-law, John MacMillan, Sr., took over the company. MacMillan had joined the company in 1887 and had worked his way up through the ranks. Under MacMillan's leadership, the company continued to expand its operations and diversify its business, moving into the livestock feed and fertilizer industries. During World War II, Cargill became one of the largest suppliers of grain and other food products to the US military.
In the post-war years, Cargill continued to grow and diversify, expanding into new markets and acquiring other companies. In the 1950s, the company entered the soybean processing industry and began producing vegetable oils and other food ingredients. In the 1960s, Cargill began investing heavily in international operations, building grain and processing facilities in Latin America, Europe, and Asia.
In the 1970s, Cargill faced challenges from changing global economic conditions, including volatile commodity prices and increased competition. To stay competitive, the company began to focus on value-added products and services, such as financial risk management, transportation logistics, and supply chain management. In the 1980s, Cargill continued to diversify its business, entering new industries such as textiles, steel, and financial services.
By the 1990s, Cargill had become one of the largest privately held corporations in the United States, with revenues of over $60 billion. The company continued to expand its operations globally, building new facilities in Asia, Africa, and the Middle East. In 2000, Cargill formed a joint venture with Dow Chemical to produce biodegradable plastics, and in 2002, it acquired the animal nutrition company, Provimi.
Today, Cargill is a leading provider of food, agriculture, financial, and industrial products and services. The company operates in over 70 countries and employs more than 160,000 people. Despite its success, Cargill has faced criticism for its impact on the environment, its labor practices, and its involvement in controversial industries such as palm oil production. However, the company has also taken steps to address these concerns, investing in sustainable agriculture practices and working to improve the lives of farmers and communities around the world.
Cargill's mission is to be a leader in nourishing the world in a safe, responsible, and sustainable way. The company is committed to providing high-quality food and agricultural products and services that meet the needs of its customers while respecting the environment, promoting sustainable agriculture, and improving the lives of farmers and communities around the world.
To achieve its mission, Cargill has established a set of core values that guide its business operations. These values include integrity, respect for people and communities, and a commitment to sustainability. Cargill strives to conduct its business with honesty, transparency, and accountability, and to treat its employees, customers, and partners with fairness and respect.
Cargill's vision is to be the global leader in nourishing people, animals, and the planet in a sustainable way. The company envisions a future where everyone has access to safe, nutritious food, produced in an environmentally responsible and socially responsible way.
To achieve this vision, Cargill is committed to investing in innovation, technology, and sustainable practices that can help feed a growing global population while reducing the environmental impact of food production. The company also aims to create value for its customers, employees, shareholders, and the communities in which it operates, by delivering high-quality products and services and promoting sustainable economic development.
Cargill's vision is grounded in a deep understanding of the challenges facing the food and agricultural industry, including climate change, resource constraints, and changing consumer preferences. The company recognizes that these challenges require new approaches and solutions, and it is committed to working collaboratively with partners across the value chain to drive positive change.
Cargill is a global company that deals in a wide range of products and services in the food, agriculture, financial, and industrial sectors. The company is involved in the production, processing, and distribution of agricultural commodities, animal nutrition products, food and beverage ingredients, and industrial products and services.
In the agricultural sector, Cargill produces and trades in a wide range of commodities, including corn, soybeans, wheat, cotton, and sugar. The company also operates a network of grain elevators, terminals, and processing facilities that serve farmers and customers around the world. Additionally, Cargill provides risk management and financial services to farmers and agribusinesses.
Cargill is also a leader in the animal nutrition industry, producing a wide range of feed products for livestock, poultry, and aquaculture. The company's animal nutrition products are designed to improve animal health and performance, reduce feed costs, and promote sustainable production practices.
In the food and beverage industry, Cargill is a major supplier of ingredients and solutions, providing everything from cocoa and chocolate to oils and fats, sweeteners, and texturizing agents. The company works closely with customers to develop new products and formulations that meet changing consumer needs and preferences.
Finally, in the industrial sector, Cargill produces and supplies a wide range of products and services, including biofuels, industrial lubricants, and specialty chemicals. The company's industrial products are used in a variety of industries, from transportation and manufacturing to construction and energy.
Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.
Brian Sikes (Chairman and CEO)
Industrial Manufacturing