06.01.04
Corn Products International, Inc., Westchester, IL, and GTC Nutrition LLC, Golden, CO, have formed a strategic alliance to focus on specialty ingredients for the food, nutraceutical and animal feed industries. Corn Products International will acquire a majority ownership stake in GTC Nutrition and construct a production channel to produce GTC’s short-chain fructooligosaccharides (scFOS) products in Ontario, Canada. The agreement will combine GTC’s functional ingredient marketing focus with the production expertise and global resources of Corn Products International. GTC Nutrition will continue to market its current line of specialty ingredients to customers in North America, South America and Australia/New Zealand. It will also retain its offices in Golden, CO, along with its sales and technical support team.