This article needs additional citations for
verification. (October 2019) |
George A. Archer | |
---|---|
Born | c. 1850
Dayton, Ohio, U.S. |
Died | November 12, 1932 |
Resting place | Dayton, Ohio, U.S. |
Occupation | Businessman |
Known for | co-founder of Archer Daniels Midland |
Spouse | Harriet Archer |
Children | 1 son, 1 daughter |
Parent | William S. Archer |
George A. Archer ( c. 1850 – November 12, 1932) was an American businessman. He was the co-founder, chief executive officer and chairman of Archer Daniels Midland.
George A. Archer was born c. 1850 in Dayton, Ohio. [1] His grandfather made linseed oil [2] and his father, William S. Archer, was the owner of a linseed factory in Dayton, where he had co-founded Clegg, Wood & Co. (later known as Wood, Archer & Co.) in 1844. [2]
Archer began his career by working in his father's factory in the 1870s. [2] By 1884, he opened his own linseed factory in Yankton, South Dakota, and founded Archer & Co. [2] Archer moved his business to Minneapolis in 1889, and sold the factory to American Linseed Co. [2]
Archer partnered with John W. Daniels, and they co-founded Archer-Daniels in 1904. [2] When they purchased Midland Linseed Products Co. in 1912, it became known as Archer Daniels Midland. [2] Archer was its chief executive officer and chairman. [2] The company turned linseed or flaxseed into oil. [2] By the 1930s, the company had become "the largest in the world." [2][ clarification needed]
Archer had a wife, Harriet. [1] They had a son, Shreve, and a daughter, Luella. [1] They resided at Dellwood in White Bear Lake, Minnesota, and they spent their winters in Phoenix, Arizona. [1]
Archer died of pneumonia on November 12, 1932, in White Bear Lake, at the age of 82. [1] He was buried in Dayton, Ohio. [2]