BEDFORD PARK, Ill., January 11, 2013 - Today, Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to diversified industries, celebrated the official opening of the new dry-starch production facility at the Company's manufacturing plant in Bedford Park, Ill. Company executives were joined in a ribbon-cutting ceremony by: Illinois Gov. Pat Quinn; Adam Pollet, Acting Director, Illinois Department of Commerce and Economic Development; Bedford Park President David Brady; and Summit Mayor Joseph Strzelczyk.
"This expansion represents another significant investment in our Bedford Park plant, the largest in our global manufacturing network. It is part of our overall strategic plan to build on our strengths, capture opportunities and expand our capabilities," Ilene Gordon, Ingredion chairman, president and CEO, told the visitors.
"We have been operating here for over 100 years and we are proud of our history. Over the past ten years alone, we have invested millions of dollars to expand and improve our operations here," added Jack Fortnum, Ingredion's executive vice president and president, North America.
"Ingredion has been an integral part of our state's economy for more than a century, and their decision to build this state-of-state-art addition to the Bedford Park plant is a testament to our state's strong position in the global marketplace," Governor Quinn said. "We want to create new jobs by doubling our state's exports by 2020, and Ingredion's commitment to Illinois will help us achieve that goal together."
Starch ingredients for the food industry will be made at the new facility. Today, over 600 full-time employees work at Ingredion's Bedford Park plant, which has been operating since 1910.
ABOUT THE COMPANY
Ingredion Incorporated (NYSE:INGR) is a leading global ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients. With customers in more than 40 countries, Ingredion, formerly Corn Products International, Inc. serves approximately 60 diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. For more information, visit ingredion.com.
Investors: Aaron Hoffman, 708-551-2592
Media: Claire Regan, 708-551-2602