CJ CheilJedang said on the 2nd that its sub-subsidiary CJ Bio America signed an investment agreement with U.S. grain processor ADM to establish a joint venture for feed amino acids (protein-building nutrients used in animal feed). CJ Bio America will own 63% of the venture and ADM 37%. The partnership is intended to improve the competitiveness of CJ CheilJedang's global feed amino acid business and secure stable raw-material supplies. CJ CheilJedang will contribute production facilities in Fort Dodge, Iowa, and Piracicaba, Brazil, as well as sales offices in the United States, Mexico and Brazil. ADM will contribute amino acid production facilities and equipment at its Decatur, Illinois, plant, along with other key assets. CJ CheilJedang said the companies aim to combine its feed amino acid technology with ADM's raw-material and logistics capabilities to expand local supply capacity.