George A. Archer | |
Birth Date: | c. 1850 |
Birth Place: | Dayton, Ohio, U.S. |
Death Date: | November 12, 1932 (aged 81-82) |
Death Place: | White Bear Lake, Minnesota, U.S. |
Resting Place: | Dayton, Ohio, U.S. |
Known For: | co-founder of Archer Daniels Midland |
Occupation: | Businessman |
Spouse: | Harriet Archer |
Children: | 1 son, 1 daughter |
Parents: | William S. Archer |
George A. Archer (– 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 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]
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]