Tate & Lyle to invest $65m in fructose sweetener20 Mar 2015
Tate & Lyle has announced plans for a further expansion of its operations in Lafayette, Indiana, US, investing $65 million. The expansion is expected to be operational by late 2016. The company will install new equipment at its Lafayette South facility, significantly expanding production of its KRYSTAR Crystalline Fructose sweetener to meet growing demand in […]
The company will install new equipment at its Lafayette South facility, significantly expanding production of its KRYSTAR Crystalline Fructose sweetener to meet growing demand in the Americas and Asia. In addition to the expansion, Tate & Lyle will also phase in environmental efficiencies as part of the investment.
This announcement marks Tate & Lyle’s second Indiana expansion within the last year, following an investment of more than $90 million at its Lafayette Sagamore facility for a number of projects, including an increase of its specialty food starch production capacity.
“This expansion not only allows us to stay ahead of the global demand for crystalline fructose, but also gives us the opportunity and flexibility to continue to grow within the North American and emerging markets,” said Joan Braca, President of Specialty Food Ingredients at Tate & Lyle. “We’d like to thank both the state of Indiana and the city of Lafayette for their ongoing support of projects like these and look forward to our continued relationship with them.”