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|INGREDION REACHES LABOR AGREEMENT IN ARGENTINA|
WESTCHESTER, Ill., June 2, 2017 - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that it has reached an agreement with the SOERM labor union in Argentina.
"We have to come to a fair and equitable conclusion. Both of our manufacturing facilities in Argentina will remain open and will resume operations on June 4," said Jim Zallie, Ingredion executive vice president and president, Americas.
Ingredion has manufacturing facilities in Baradero and Chacabuco and employs 698 people in Argentina.
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602