CORN PRODUCTS INTERNATIONAL MAKES THE FORTUNE 500; 2011 NET SALES OF $6.2 BILLION LAND COMPANY NUMBER 390 SPOT
(Thomson Reuters ONE) -
WESTCHESTER, Ill., May 7, 2012 - Corn Products International, Inc. (NYSE: CPO),
a leading global provider of ingredient solutions to diversified industries, has
been named to the FORTUNE 500. The annual ranking of America's largest
corporations was released today by FORTUNE magazine.
With 2011 net sales of $6.2 billion, Corn Products ranked number 390 out of the
500 corporations on the FORTUNE 500. This is the company's first year on the
list.
"We are excited to be on the Fortune 500 list. It recognizes our long history
of consistent growth and effective strategy," said Ilene Gordon, chairman, chief
executive officer and president. "We have generated both top and bottom line
growth during our history as a public company while also delivering significant
cash flow. As a result of our performance, we have seen meaningful shareholder
value creation and that remains our driving goal."
The ranking is based on total annual revenues of companies that are incorporated
and operate in the U.S. and file financial statements with a government agency.
It appears in the latest issue of FORTUNE magazine and on FORTUNE.com/500.
About the Company
Corn Products International, Inc. is a leading global ingredient provider to the
food, beverage, brewing and pharmaceutical industries as well as numerous
industrial sectors. The Company produces ingredients that provide valuable
solutions to customers in approximately 50 countries. Corn Products recently
announced that it intends to change its name to Ingredion pending shareholder
approval at its annual meeting in May. The new name better reflects the
company's position as a leading ingredient supplier to a range of industries.
For more information, visit www.cornproducts.com.
CONTACT INFORMATION
Investors: Aaron Hoffman, 708-551-2592
Media: Claire Regan, 708-551-2602
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Corn Products International, Inc via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 07.05.2012 - 21:05 Uhr
Sprache: Deutsch
News-ID 143562
Anzahl Zeichen: 2674
contact information:
Town:
Westchester, Illinois
Kategorie:
Business News
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