|Corn Products International (1906-2012)|
|Traded as||NYSE: INGR
S&P 400 Component
Health & Wellness
|Headquarters||Westchester, Illinois, United States|
(President and CEO)
|Revenue||US$ 6.02 billion (2016)|
|US$ 808 million (2016)|
|US$ 496 million (2016)|
|Total assets||US$ 5.78 billion (2016)|
|Total equity||US$ 2.60 billion (2016)|
Number of employees
|Footnotes / references
Ingredion Incorporated (formerly Corn Products International, Inc) is an ingredient solutions provider based in Westchester, Illinois. The company turns corn, tapioca, potatoes, and other vegetables and fruits into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has more than 11,000 employees around the world, and customers in more than 60 markets in over 40 countries. In 2015, net sales were $5.6 billion.
The company, which began as Corn Products Refining Co. and later as "CPC," was founded by the merger of leading US corn refiners in 1906. The company was incorporated in New Jersey. It supplied the raw materials for Argo cornstarch and Mazola corn oil.
In 1981, CPC formed a partnership with Texaco to produce bioethanol at a plant in Pekin, Illinois. In 1995, the plant was sold to Williams Companies and, in 2003, continued as Aventine Renewable Energy. The company has a facility in nearby Mapleton, Illinois, along U.S. Route 24, which is part of an industrial area, a major area employer.
The Bestfoods division of the company known for brands Maizena, Knorr, Hellmann's / Best Foods mayonnaise, and Skippy Peanut Butter existed from 1958 until 1997 when the company split into Bestfoods, a packaged-foods company, and Corn Products International, a starch and sweeteners company. Ingredion is a Fortune 1000 Company. As of 2017, Ingredion has moved up to become a Fortune 500 company. 
In October 2010, CPI acquired National Starch of Dutch paints firm AkzoNobel for $1.3 billion in cash. It also took on pension and employee benefit liabilities. In 2015 Ingredion acquired Penford Corp, and in 2017 Ingredion acquired TIC Gums as well as Sun Flour Industry Co.
The combined company employs approximately 11,000 people in North America, South America, Europe, the Middle East, Africa, and Asia-Pacific. It operates 37 manufacturing facilities in 15 countries and sales offices in 29 countries. Ingredion Idea Labs Research and ingredient development centers are located in key global markets. In 2012, the company was renamed Ingredion. In 2016 Ingredion was named to Fortune's list of the world's most admired companies. From 2009 to 2017 the president and CEO of the company was Ilene S. Gordon. Upon her retirement, James Zallie was named to the position of president and CEO.
- Rhett Morgan (December 20, 2017). "Fortune 500 company brings 60 jobs to downtown Tulsa - Fortune 500 business Ingredion brings 60 jobs to downtown offices". Tusla World.
- "US SEC: Form 10-K Ingredion Incorporated". U.S. Securities and Exchange Commission. Retrieved February 10, 2018.
- "Overview | About Us | Ingredion Incorporated". ingredion.com. Retrieved June 14, 2012.
- "History". Ingredion.com. Archived from the original on June 27, 2012. Retrieved February 27, 2018.
- "To the Stockholders of the Corn Products Company". Commercial and Financial Chronicle. 82 (2118): x. January 27, 1906. Retrieved February 27, 2018.
- "Corn Products boosts work force — Peoria, IL — pjstar.com". Peoria Journal Star. Retrieved 2009-05-11.
- http://www.fundinguniverse.com/company-histories/Eridania-Beacute;ghinSay-SA-Company-History.html Eridania Béghin-Say company history
- "About Us". Oberlander Electric.
- "An Interview with Ron Miller". Peoria Magazine.
- http://www.fundinguniverse.com/company-histories/Bestfoods-Company-History.html Bestfood - CPI company history
- "390. Corn Products International". CNN Money.
- Fortune http://fortune.com/fortune500/ingredion/.html. Missing or empty
- "Corn Products International Acquisition of National Starch". Marketwatch.
- "Corn Products International Acquisition of National Starch". PreparedFoods.
- "National Starch merges with Corn Products International". PreparedFoods. 2012-03-01.
- Jeff Gelski (March 27, 2018). "Investing in starches". Baking Business.
- "Ingredion Incorporated: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-08-25.
- "Corn Products International and National Starch are now Ingredion". FoodInnovation.
- "ADM ranked most admired food company by Fortune magazine". World Grain. February 19, 2016.
- "Ingredion CEO Ilene Gordon to retire". Crain's Chicago Business. September 18, 2017.