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Ingredion Invests $100 Million in Indianapolis Plant to Improve Efficiency and Enable Future Texture Solutions Growth
INGRIngredion(INGR) GlobeNewswire·2025-02-04 12:05

Core Insights - Ingredion Incorporated announced investments exceeding 100milliontoenhanceefficiency,modernizeequipment,andinstallanenergycogenerationsystematitsIndianapolisfacility[1][2].InvestmentandExpansion−TheprojectaimstoexpandIngredion′scapabilitiesindeliveringtextureinnovationstogrowingendmarketswhileenhancingtheeconomicviabilityandsustainabilityoftheIndianapolisplant[2].−Theupgradestoenergyinfrastructureareexpectedtoimproveoperationalefficiencyandreliability,aswellasreducegreenhousegasemissions[2].LeadershipStatements−ValdireneEvans,seniorvicepresidentandpresidentofglobaltexturesolutions,statedthattheseinvestmentswillsupportfuturecustomergrowthandexpandcapacityfortexturesolutions[3].−EricSeip,seniorvicepresidentofglobaloperations,emphasizedthattheinvestmentswillmodernizeoperations,improveagilityindeliveringsolutions,andenhanceenergyefficiencyandcostcompetitiveness[3].ProjectTimeline−Thecompletionoftheprojectisanticipatedinthesecondhalfof2026[4].CompanyOverview−Ingredion,headquarteredintheChicagosuburbs,servescustomersinover120countriesandreportedannualnetsalesofapproximately100 million to enhance efficiency, modernize equipment, and install an energy cogeneration system at its Indianapolis facility [1][2]. Investment and Expansion - The project aims to expand Ingredion's capabilities in delivering texture innovations to growing end markets while enhancing the economic viability and sustainability of the Indianapolis plant [2]. - The upgrades to energy infrastructure are expected to improve operational efficiency and reliability, as well as reduce greenhouse gas emissions [2]. Leadership Statements - Valdirene Evans, senior vice president and president of global texture solutions, stated that these investments will support future customer growth and expand capacity for texture solutions [3]. - Eric Seip, senior vice president of global operations, emphasized that the investments will modernize operations, improve agility in delivering solutions, and enhance energy efficiency and cost competitiveness [3]. Project Timeline - The completion of the project is anticipated in the second half of 2026 [4]. Company Overview - Ingredion, headquartered in the Chicago suburbs, serves customers in over 120 countries and reported annual net sales of approximately 7.4 billion in 2024 [5]. - The company specializes in turning plant-based materials into value-added ingredient solutions for various markets, including food, beverage, and industrial sectors [5].