Tate & Lyle Invests in Food Starches
Global ingredient supplier will spend $90 million, expand Indiana operations.
Indiana Governor Mike Pence went to London and joined executives from Tate & Lyle to announce the company’s plans to invest more than $90 million in the company’s Lafayette, Ind., operations during the next three years.
Investment plans include three-phased expansion of Tate & Lyle’s Lafayette Sagamore facility to increase its modified food starch production capacity; as well as several improvements to increase efficiencies at Tate & Lyle’s Lafayette South facility. Planned expansion and upgrades are expected to be complete in 2017. In addition to the substantial investment in infrastructure, Tate & Lyle, which currently employs more than 500 Indiana associates, plans to add around 10 positions to the local workforce.
“Our investments in Lafayette position us for future flexibility and growth within our markets and allow us to provide the solutions our customers need to meet consumer demands while making continued improvements in our environmental performance,” said Olivier Rigaud, president of specialty food ingredients at Tate & Lyle. “We’d like to thank the state of Indiana and the city of Lafayette for their ongoing support of these projects and look forward to our continued relationship with them.”
Tate & Lyle operates through two global divisions, Specialty Food Ingredients and Bulk Ingredients, supported by an Innovation and Commercial Development group.
Specialty Food Ingredients consists of three platforms: Texturants, which includes specialty starches and stabilizers; Sweeteners, which comprises nutritive sweeteners and a range of no-calorie sweeteners including SPLENDA® Sucralose; and a Health and Wellness portfolio, which includes specialty fibers and our salt-reduction offering. Additionally, a Food Systems business provides a wide variety of blended ingredient solutions.
Tate & Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and fermentation products (primarily acidulants).