Penford restarts production at Cedar Rapids facility
August 28, 2008
by Eric Schroeder
CEDAR RAPIDS, IOWA — Penford Corp., a developer, manufacturer and marketer of specialty natural-based ingredient systems for food and industrial applications, said its Penford Products Co. subsidiary again has begun manufacturing industrial starch at its Cedar Rapids facility. The plant, which produces industrial and food starch as well as ethanol, was shut down following the flooding of the Cedar river that occurred in mid-June.
"Substantial progress in our phased restoration of the plant has been made," said Tim Kortemeyer, president of Penford’s Industrial Ingredients business. "We have commenced grinding corn and operating conversion processes to manufacture all of our industrial modified starch products. We are working with customers to fulfill their supply chain requirements and are ramping up to match our capacity with demand. Further, we currently expect to be able to resume the production of ethanol during the second half of September."
Tom Malkoski, Penford’s president and chief executive officer, said the plant startup is positive news for the company and the Cedar Rapids community.
"The extraordinary effort by our employees, contractors and service providers has made it possible to reach this milestone," Mr. Malkoski said. "I want to thank all of our supporters for their commitment to the full recovery of our business."