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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Other Processed & Packaged Goods > Opta Food Ingredients, Inc.

Opta Food Ingredients, Inc.
Nasdaq: OPTS
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 PROFILE
Things are getting a bit thick, thanks to Opta Food Ingredients. The company makes texturizing ingredients that are added to dairy products, sauces, baked goods, and meat to replace fat and improve taste and appearance. Opta's products include Opta Oat Fibers, which adds texture to foods, and OptaGrade starch (replaces fat in dairy products). Opta also sells Konjac flour (licensed), a thickening agent. It is the exclusive US distributor of microcrystalline cellulose, which is used in reduced-fat salad dressings. A unit of Bestfoods rings up more than 30% of Opta's sales; Kraft Foods and McDonald's are also significant customers. France's BNP Paribas Group, a leading European bank, indirectly owns about 13% of Opta.

 COMPETITION
ConAgra Foods, Inc. (CAG)
Heller Seasonings & Ingredients, Inc. (dossier)
Midwest Grain Products, Inc. (MWGP)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 25.80
1-Yr. Sales Growth: 33.7%
Employees: 108
Revenue per employee: $238,888.89

 KEY PEOPLE
• Arthur J. McEvily
    CEO
• Scott A. Kumf
    CFO

 CONTACT INFO
25 Wiggins Ave.
Bedford, MA 01730
US
Phone: 781-276-5100
Fax: 781-276-5101
Online: Web Site

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