SupplyFORCE, King of Prussia, Pa., has been selected as the national procurement supplier of electrical products for agricultural-processing company Archer Daniels Midland Co. (ADM), Decatur, Ill. With ADM's 268 processing plants, supplyFORCE anticipates the supply agreement will generate a substantial amount of sales through its distributor network.
Under the terms of the agreement, supplyFORCE will leverage the buying power of its distributor network to provide ADM with an integrated national solution for its procurement of electrical supplies.
The supplyFORCE network has more than 300 distributors representing more than 4,000 locations nationwide with annual revenues exceeding $18 billion. The network provides national reach while maintaining the benefits delivered by local and regional distributors of electrical MRO supplies.
ADM is one of the world's largest processors of soybeans, corn, wheat and cocoa. Net sales for the fiscal year ended June 30, 2002 were $23.5 billion.
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