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Cargill Company History Timeline

1865
Cargill was founded in 1865 by William Wallace Cargill when he bought a grain flat house in Conover, Iowa.
1875
In 1875, Cargill moved to La Crosse, Wisconsin, and their brother James joined the business.
1887
Sam Cargill left La Crosse in 1887 to manage the office in Minneapolis, an important emerging grain center.
1898
In 1898, John H. MacMillan, Sr., and his brother, Daniel, began working for W. W. Cargill.
1903
Upon Sam Cargill's death in 1903, William Cargill became the sole owner of the La Crosse office.
1920
Four years later, as a fallout from the financial crash of 1920, Cargill posted its first loss.
1934
One of the biggest criticisms of the company has been its perceived arrogance see, for example, Brewster Kneen in the Ecologist and also Greg Muttitt in the same journal . The MacMillans' aggressive management style led to a decades-long feud with the Chicago Board of Trade. It began in 1934, when the Board denied membership to Cargill.
1936
John MacMillan ran the company until his retirement in 1936.
1938
In 1938, the Chicago Board suspended Cargill and three of its officers from the trading floor.
1960
In 1960, Erwin Kelm became the first non-family chief executive.
1962
In 1962, Cargill rejoined the Chicago Board of Trade, two years after MacMillan's death.
1976
When Whitney MacMillan, nephew of John, Jr., took over the company from Kelm in 1976, revenue approached 30 billion.
1978
In 1978 Cargill purchased the large Leslie Salt refining company in Newark, California, from Schilling.
1979
In 1979, Cargill entered the meat-processing business with the purchase of beef processor MBPXL later Excel . The division expanded into turkey, food service and food distribution businesses and is now known as Cargill Meat Solutions.
1986
In 1986 Cargill started operations in Venezuela through a partnership with the Possenti family's Mimesa C.A. to form Agroindustrial Mimesa in Maracaibo, dedicated to the manufacturing of flour and pasta.
1998
Cargill underwent turmoil in the following years its financial unit lost hundreds of millions of dollars in 1998 when Russia defaulted on debt and developing countries began to have financial issues.
1999
By 1999, the company had 4 billion in debt.
2011
In November 2011, Cargill completed the acquisition of Provimi, a global animal nutrition company for 1.5 billion 2.1 billion US .
2013
Page was succeeded by current CEO and chairman Dave MacLennan in December 2013.
2014
In December 2014, Cargill finished commissioning a 100 million Indonesian cocoa plant.
2018
On February 1, 2018, Cargill completed the purchase of Pro Pet, a pet food manufacturing company.
In 2018, Cargill made a 25 million investment in Puris, a supplier of pea protein used in Beyond Meat products.
Founded
1865
Company Founded
Headquarters
Wayzata, MN
Company Headquarter
Founders
William Cargill
Company Founders

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