MUSCATINE, IOWA – Grain Processing Corporation (GPC) announced today their plans for a major, multimillion dollar expansion of MALTRIN® maltodextrins capacity at one of their current manufacturing sites. GPC is one of the leading global manufacturers of maltodextrins in the world.
The overall MALTRIN® multi-year expansion project represents a significant capital investment for GPC. Both GPC corn wet milling manufacturing facilities, located in Washington, Indiana and Muscatine, Iowa, will be considered for the expansion. Dozens of jobs will be required during the construction of the expansion, in addition to new production jobs when the project is operational.
“The site of our new investment will, in part, be based on the state and community that best supports the global demand for our products and services. Additionally, we want to expand in an environment that appreciates our entire value chain and is dedicated to the mutual success of our customers, our company and our community,” commented Gage A. Kent, CEO and Chairman of Kent Corporation.
Once a location has been selected, GPC will move to finalize the engineering design and request the necessary permits to begin the construction phase.
MALTRIN®maltodextrins are high quality, corn based ingredients used in numerous food, pharmaceutical, and personal care applications. They function as effective carriers, binders, coating and bulking agents as well as having the ability to manage sweetness and viscosity.
Grain Processing Corporation (GPC) is a major manufacturer of grain neutral spirits, food and pharmaceutical starches, industrial starches, maltodextrins and corn syrup solids, specialty products, and feed ingredients. The Company, a subsidiary of Kent Corporation, markets its products worldwide.
Kent Corporation is a diversified family owned corporation with subsidiary companies developing science and nutrition-based finished food products, food and beverage ingredients, pharmaceutical and personal care applications, animal nutrition and companion animal products. In addition to GPC, the subsidiary companies consist of Kent Nutrition Group, Kent Pet Group, headquartered in Muscatine Iowa, and Kent Precision Foods Group headquartered in St. Louis, Missouri. www.kentww.com