Web Reference: Andreas then went to work for a modest, family-owned food-processing firm in Cedar Rapids, Iowa. When Cargill bought the Cedar Rapids facility in 1945, Andreas joined the commodity firm, eventually becoming a vice president. Mar 24, 2006 · Andreas and his brother sold their company to ADM in the 1960s. Dwayne took over in 1970 and grew ADM sales 31-fold in 27 years, from $450 million to $14 billion by 1997. ADM is indeed a Goliath of world food production (it calls itself the “supermarket to the world”), with 1994 reported sales of $11.3 billion and profits of $484 million. Its total stock value is...
YouTube Excerpt: 1994 Horatio Alger Award Recipient
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Details: $8M - $20M
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Last Updated: April 4, 2026
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