The Advent of Ardent
May 29 marks the first day of business for Ardent Mills.
“This is a proud day for our employees and customers who have supported Ardent Mills during every step in this process as we begin a new era in grain,” said Dan Dye, CEO, Ardent Mills. “Today is about many parts coming together to make a new and stronger whole. It’s about a collective strength, history and ability to deliver quality and nutritious ingredients and carry that legacy into the future.”
Ardent Mills will operate as an independent joint venture of its three parent companies, ConAgra Foods, Cargill and CHS. The company will maximize the combined assets, capabilities and experience of its parent companies to bring innovative flour and grain products, services and solutions to the marketplace.
As previously announced, Ardent Mills’ headquarters will be in the downtown Denver area. The new company is expected to have a presence in the Denver area starting later this year.
"Landing Ardent Mills is a little like winning the Super Bowl -- or at least the Flour Bowl -- especially for rural communities," said Governor John Hickenlooper. "We are thrilled and honored that Ardent Mills has made this investment in our state. We are at the ready to support their team, and we have every confidence Ardent Mills will become the most innovative and successful milling operation in the country."
“The North American Miller’s Association (NAMA) welcomes Ardent Mills and the innovations it will contribute to our industry,” said Jim McCarthy, president and CEO of NAMA. “This new company represents the ongoing strength of the U.S. milling industry and the popularity of milled flour products."
Bill Stoufer, chief operating officer and chief integration officer, Ardent Mills, said, “There is an excitement and energy among our employees to deliver quality ingredients rooted in sustainability, health and wellness, and aligned with the latest food trends. Ardent Mills will be a trusted partner for our customers, and we will always challenge ourselves to provide the best to our consumers and communities through innovative and nutritious grain-based solutions.”
In addition to its Denver-area headquarters, Ardent Mills operates satellite offices in Omaha, Neb., and Minneapolis, Minn. ConAgra Foods and Cargill each own a 44% stake in Ardent Mills, with CHS owning a 12% interest.