SOURCE: Industrial Info Resources

May 02, 2008 05:00 ET

Penford Products Nears Completion of Iowa Fuel Ethanol Plant, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 2, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas)--Penford Products Company (Cedar Rapids, Iowa), a subsidiary of Penford Corporation (NASDAQ: PENX), is nearing completion of an ethanol plant addition at its corn-milling and industrial-corn-starches plant in Cedar Rapids. Construction on the estimated $42 million plant began in November 2006. The plant is going through the commissioning process and is expected to be fully operational in May.

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