Item 2. Properties
Item 2. PROPERTIES
The Company’s operations are such that most products are efficiently processed near the source of raw materials. Consequently, the Company has many plants strategically located in agricultural commodity producing areas. The annual volume of commodities processed will vary depending upon availability of raw materials and demand for finished products. The Company also owns approximately 160 warehouses and terminals primarily used as bulk storage facilities and has 67 innovation centers. Processing plants and procurement facilities owned or leased by unconsolidated joint ventures are not included in the tables below.
To enhance the efficiency of transporting large quantities of raw materials and finished products between the Company’s procurement facilities and processing plants and also the final delivery of products to its customers around the world, the Company owns approximately 1,900 barges, 10,100 rail cars, 230 trucks, 1,200 trailers, 140 boats, and 3 oceangoing vessels; and leases, under operating leases, approximately 640 barges, 21,800 rail cars, 350 trucks, 500 trailers, 24 boats, and 22 oceangoing vessels.
The daily capacities of the processing plants and storage capacities of the procurement facilities that the Company owns or leases, under operating leases, are as follows:
Ag Services and Oilseeds Processing Facilities (in 1,000s metric tons)
Owned Leased
Refined
Ag Products
Services Crushing and Other Total Crushing
North America 2 64 19 85 —
South America — 20 12 32 1
Europe 1 34 15 50 —
Asia — 1 — 1 1
Total daily capacity 3 119 46 168 2
Ag Services and Oilseeds Procurement Facilities (in 1,000s metric tons)
Owned Leased
Refined Refined
Ag Products Ag Products
Services Crushing and Other Total Services Crushing and Other Total
North America 12,185 360 830 13,375 675 — 181 856
South America 2,105 60 — 2,165 941 — — 941
Europe 1,385 288 — 1,673 — — — —
Asia — — — — 130 4 — 134
Total storage capacity 15,675 708 830 17,213 1,746 4 181 1,931
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Item 2. PROPERTIES (Continued)
Carbohydrate Solutions Processing Plants (in 1,000s metric tons)
Owned Leased
Starches & Sweeteners Vantage Corn Processors Total Starches & Sweeteners
North America 72 17 89 —
Europe 6 — 6 1
Total daily capacity 78 17 95 1
Carbohydrate Solutions Procurement Facilities (in 1,000s metric tons)
Owned Leased
Starches & Sweeteners Starches & Sweeteners
North America 589 86
Europe — 18
Total storage capacity 589 104
Nutrition Processing Plants (in 1,000s metric tons)
Owned Leased
Human Nutrition Animal Nutrition Total Human Nutrition Animal Nutrition Total
North America 80 10 90 25 50 75
South America — 3 3 2 1 3
Europe 3 8 11 — — —
Asia — 3 3 — 10 10
Total daily capacity 83 24 107 27 61 88
Nutrition Procurement Facilities (in 1,000s metric tons)
Owned Leased
Human Nutrition Animal Nutrition Total Human Nutrition
North America 316 28 344 2
Total storage capacity 316 28 344 2
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.