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Cargill

Provider of food, agriculture and risk management services.

Headquarters: 15407 McGinty Road West
Wayzata, MN 55391
Employees: 149,000
CEO: Warren Staley
Privately held

Website: http://www.cargill.com

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Cargill is an international provider of food, agricultural and risk management products and services.

One of the world's largest private companies, Cargill has 149,000 employees in 63 countries. The company is organized into five major divisons:

Agriculture Services
Provides crop and livestock producers worldwide with customized farm services and products.
- Cargill AgHorizons Canada
- Cargill AgHorizons United States
- Cargill Animal Nutrition
- Frontier Agriculture
- Renessen Feed & Processing (joint venture)
Food Ingredients and Applications
Serves global, regional and local food manufacturers, food service companies and retailers with food and beverage ingredients, meat and poultry products and new food applications.
- Food Ingredients North America
- Food Ingredients Europe
- Food Ingredients Latin America
- Food System Design
- Meat Solutions
- Retail Food Service Solutions
Industrial
Supplies customers worldwide with fertilizer, salt and steel products and services, and develops industrial applications for agricultural feedstocks.
- Agricultural Feedstocks
- Fertilizer
- Salt
- Steel and Ferrous Raw Materials
Origination and Processing
Connects producers and users of grain, oilseeds and other agricultural commodities through origination, processing, marketing and distribution capabilities and services.
- Cargill Cotton
- Cargill Grain & Oilseed Supply Chain
- Cargill Sugar
Risk Management and Financial
Provides Cargill customers and the company with risk management and financial solutions in world markets.

In fiscal 2006, Cargill reported revenues of $75.2 billion and net earnings of $1.53 billion. The company had more than $48 billion worth of assets.

History

Starting at the close of the American Civil War in 1865 with one grain storage warehouse in Conover, IA, Will Cargill followed the expansion of the railroad system throughout the newly settled prairie to gather and process grain. Soon, his two brothers, Sam and James, joined his business venture and established the company's headquarters in La Crosse, WI. As grain and the railroads moved west, Cargill followed with new country elevators, as well as major terminals in the Minnesota towns of Minneapolis, Buffalo and Duluth. Besides the growing number of elevators, the Cargills were involved in insurance, flour milling, coal, farming, real estate, lumber, and a railroad. The success of the business required reliable financing, innovation in moving and storing grain and a solid business reputation.

Will Cargill died in 1909 and the company was left heavily in debt. John MacMillan took over and was able to negotiate debts with lenders and paid them off in six years.

In the 1950s, Cargill emerged as a major international merchandiser and processor of agricultural and other commodities. Building on strengths, Cargill began global initiatives with grain-and-oilseed exports and the development of a transportation and grain elevator system that enabled it to respond to worldwide demand for basic agricultural products.

Benefits

Cargill offers a wide range of benefits. In addition to basic medical, dental and life insurance, you may be able to take advantage of a number of other benefits, including tuition reimbursement, a matching 401(k) retirement plan, an employee assistance plan, relocation services and more.

For long-term investment opportunities, you may be eligible for our retirement plan and to own company stock through our Employee Stock Ownership Plan, which is just one of the ways we reward employees who contribute to our growth.

Cargill also provides business-specific training, on-line career development and other opportunities to help you achieve your goals and further develop your career.

Updated October 21, 2006

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