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Cargill

Provider of food, agriculture and risk management services.

Headquarters: 15407 McGinty Road West
Wayzata, MN 55391
Employees: 143,000
CEO: David MacLennan
Privately held

Website: http://www.cargill.com

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Cargill is an international provider of food, agricultural, financial and industrial products.

One of the world's largest private companies, Cargill has 143,000 employees in 67 countries. The company is organized into four major segments:

Agriculture: We buy, process and distribute grain, oilseeds and other commodities to makers of food and animal nutrition products. We also provide crop and livestock producers with products and services.
Food: We provide food and beverage manufacturers, food service companies and retailers with high-quality ingredients, meat and poultry products, and health- promoting ingredients and ingredient systems.
Financial: We provide our agriculture, food, financial and energy customers around the world with risk management and financial solutions.
Industrial: We serve industrial users of energy, salt, starch and steel products. We also develop and market sustainable products made from agriculture feedstocks.

Cargill owns the largest grain elevator in North America, Baie Comeau, Quebec, which can hold 440,000 metric tons of grain.

In fiscal 2014, Cargill reported revenues of $134.9 billion, down 1%, and net earnings of $1.87 billion.

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 August 7, 2014