Penford Corp. (PENX) – Using Nature Creatively
Penford Corporation uses nature to create specialty, natural-based ingredient systems for the food products, papermaking, and textile industries. Headquartered in Englewood, Colorado, the company has nine locations spread over three countries - the United States, Australia, and New Zealand. Their Cedar Rapids, Iowa location is their largest manufacturing facility. They're a part of the Specialty Chemicals sector, listed on the NASDAQ exchange, and have a market cap of 239.3M. Penford began over a hundred years ago when George Douglas started the company in Cedar Rapids. Today it is the largest modified starch producer in the world, and supplies these products…