Ingredion Incorporated

American multinational ingredient solutions company providing starches, sweeteners, and specialty ingredients for food, beverage, and industrial applications.

Company Type

public

Founded

1906

Headquarters

Westchester, Illinois, USA

Stock

NYSE: INGR

About Ingredion Incorporated

Ingredion Incorporated is a leading global ingredient solutions company providing starches, sweeteners, and specialty ingredients to food, beverage, and industrial customers worldwide. The company serves customers in over 120 countries with a portfolio of innovative products designed to improve taste, texture, nutrition, and functionality of food and beverage products.

Headquartered in Westchester, Illinois, Ingredion operates a global network of manufacturing facilities and innovation centers. The company has strategically expanded its operations through targeted acquisitions, including PureCircle (2020), TIC Gums (2016), Penford (2015), and Kerr Concentrates (2015), strengthening its position in specialty ingredients and sweetener markets.

History of Ingredion Incorporated

Ingredion was founded in 1906 as Corn Products Refining Company through the merger of leading US corn refiners. The company began producing Argo laundry cornstarch in 1908 and launched Mazola corn oil in 1911. In the 1920s, the company developed crystalline dextrose (sold as Cerelose) and began selling Karo syrup and Bosco malted milk syrup.

Throughout the mid-20th century, Ingredion expanded globally, establishing operations in South America, Asia, Africa, and Europe. In 1958, the company merged with The Best Foods, Inc., and in 1969 changed its name to CPC International Inc. The company became known for brands including Maizena, Knorr, Hellmann's/Best Foods mayonnaise, and Skippy Peanut Butter.

In 1997, CPC International spun off its packaged food business (Bestfoods) and renamed itself Corn Products International, focusing on ingredient solutions. In 2010, the company acquired National Starch from AkzoNobel for $1.3 billion, significantly expanding its specialty ingredients portfolio.

In 2012, the company was added to the Fortune 500 list and renamed Ingredion. Since then, the company has pursued strategic acquisitions to expand its specialty ingredients and sweetener portfolios, including Penford (2015), Kerr Concentrates (2015), TIC Gums (2016), PureCircle (2020), and KaTech (2021).