USA

This marks the company’s second significant investment within a month.

The company said it had informed employees in mid-2024 of plans to phase out the Mohnton facility, which is near a larger Berks County plant in Reading.

The Ag Services and Oilseeds division houses the company’s global crop trading, transportation and storage, and oilseed processing operations.

The company has secured approximately US$11 million in debtor-in-possession financing to support its operations.

Ingredion says the attribute of texture can impact consumers’ eating experience as well as their perception of the food’s nutritional value.