Penford Food Ingredients

Penford Food Ingredients was a leading provider of specialty starches and carbohydrate-based ingredient systems, serving the food, paper, and pharmaceutical industries. The company specialized in potato-based starches and dextrose, offering solutions for texture modification, moisture management, and as pharmaceutical excipients such as binders and disintegrants. Headquartered in Centennial, Colorado, Penford operated several manufacturing facilities across the United States. In March 2015, the company was acquired by Ingredion Incorporated for approximately 340 million USD. This acquisition expanded Ingredion's portfolio of nature-based starches and strengthened its presence in the specialty ingredient market.