Corn products International to invest US$ 75 -100 million in Brazil

Corn products International a leading provider of ingredient solutions announced that they plan to invest between US$75 to 100 million over the next several years to support growth in its Brazilian business. “The intended investment we are announcing today reaffirms our commitment to growing with and supporting our customers over the long term,” said Ilene Gordon, Chairman, President and Chief Executive Officer of Corn Products International.

Corn Products operates six manufacturing facilities and two ingredient development centers in Brazil. Corn products continues to invest in growth opportunities on a global basis, highlighted by the acquisition of National Starch, which added US$1.3 billion of largely value-added sales primarily to the food industry. Read more...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.