What kind of company is Cargill?

Publish date: 2022-10-23
Cargill, Incorporated is an American privately held global corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware.

Cargill.

TypePrivate
IndustryConglomerate
Founded1865
FounderWilliam Wallace Cargill
HeadquartersMinnetonka, Minnesota, U.S.

Accordingly, what type of business is Cargill?

As the largest privately held company in the United States, Minneapolis-based Cargill is one of the world's top producers and distributors of agricultural products such as sugar, refined oil, cotton, chocolate, and salt. The company was founded in 1865 by William Cargill and has remained in the family ever since.

One may also ask, why is Cargill a private company? Since its founding in 1865 by William W. Cargill, the company has maintained its status as a private company mainly owned by family heirs. Through a series of acquisitions, Cargill grew from a single grain mill into a company generating more than $120 billion in annual revenue.

In this regard, what companies do Cargill own?

Cargill, which may be the largest corporation in the world, presently owns major shares of at least the following three corporations: NatureWorks, the Wilbur Chocolate Company, and the Mosaic Company.

Who is Cargill's biggest competitor?

Cargill's competitors Cargill's top competitors include CHS, Bunge, Archer Daniels Midland and Louis Dreyfus Company. Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services.

Does Cargill own Nestle?

Cargill has a Number of Noteworthy Customers: Nestlé, Coca-Cola, Walmart, McDonalds, Aldi. Cargill is the largest privately-owned company in the United States.

What is the biggest privately owned company?

Cargill (Cargill MacMillan family) Agribusiness firm Cargill Inc. is America's largest privately owned company.

Is Cargill a good company?

The happiest Cargill employees are Maintenance Technicians submitting an average rating of 3.7. "Cargill is a fantastic company to work for. It is a global company that always makes money. The culture of Cargill is great, as evidenced by the many people who join Cargill and then remain for their entire careers."

Who are Cargill's competitors?

Key competitors to Cargill's include Bunge Limited, General Mills, Green Plains, Ingredion Incorporated, J.R. Simplot Company, Land O'Lakes, Michael Foods, Mondelez International, PepsiCo, Renewable Energy Group, Z Trim Holdings, BioMar Group A/S, Charoen Pokphand Group, CropEnergies, Olygose, Parabel.

What is the value of Cargill?

In the last 12 months, Cargill posted $114 billion of revenue and $4 billion of net income. Slapping ADM's price-to-earnings multiple on Cargill led to a suggested market capitalization of $49 billion.

Will Cargill ever go public?

MIAMI, Jan 27 (Reuters) - Cargill Inc, one of the world's largest privately held corporations and a top commodities trader, will probably not go public anytime soon, the company's chief executive said on Tuesday.

How much do Cargill employees make?

Cargill pays its employees an average of $18.18 an hour. Hourly pay at Cargill ranges from an average of $12.29 to $29.98 an hour.

How rich is the Cargill family?

Cargill, his son-in-law, John MacMillan, saved the company from a debt crisis. The MacMillans are estimated by Forbes to be worth $1.2 billion each. The wealth of James Cargill and Margaret Cargill were estimated to be $1.8 billion each.

Does Cargill own Purina?

Purina is owned by Cargill, Inc. who proudly offers the Purina brand of livestock feeds through its licensed subsidiaries outside the United States, in locations around the world. Today, Purina is one of the highest equity brands in Cargill's brand portfolio.

Who owns Cargill?

The current owners are descended from John MacMillan's two sons, John H. MacMillan, Jr., and Cargill MacMillan, Sr., and his youngest brother-in-law, Austen S. Cargill I. John MacMillan ran the company until his retirement in 1936.

Where are Cargill plants located?

US & Canada Protein Processing Locations
Albert Lea, MinnesotaFresno, CaliforniaMount Crawford, Virginia
Dodge City, KansasMason City, IowaTimberville, Virgina
Fort Morgan, ColoradoMilwaukee, WisconsinWaco, Texas
Fort Worth, TexasMonticello, MinnesotaWyalusing, Pennsylvania

How big is Cargill?

Those structures belong to Cargill—the $115 billion-in-sales agricultural giant that has topped Forbes' list of America's largest private companies for 28 of the past 30 years—and they house one of Cargill's most important projects.

Is Cargill a union?

Cargill – The United Food & Commercial Workers International Union.

Where does Cargill salt come from?

Cargill utilizes three common types of salt production – rock salt mining, evaporation, and solar – and also uses a proprietary method of evaporation production, called the Alberger process, which creates unique, food-grade salt crystals with superior functionality.

What is Cargill mission statement?

Cargill Vision Statement Our purpose is to be the global leader in nourishing people. Our mission is to create distinctive value. Our approach is to be trustworthy, creative and enterprising. Our performance measures are: engaged employees, satisfied customers, enriched communities, and profitable growth.

What does Cargill mean?

Cargill, Incorporated is an American privately held, multinational corporation based in Minnetonka, Minnesota. Cargill also operates a large financial services arm, which manages financial risks in the commodity markets for the company.

What is the stock symbol for Cargill?

Image source: Getty Images. Don't be fooled by the lack of a ticker symbol, Fool. Cargill is a big deal -- like biggest-private-company-in-America big.

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