| Business Summary | | Penford
Corporation
develops,
manufactures
and
markets
specialty
carbohydrate-based
ingredient
systems
for
industrial
and
food
applications.
The
Company
uses
its
carbohydrate
chemistry
expertise
to
develop
functional
ingredients
with
starch
as
a
base
for
value-added
applications
in
several
markets
including
papermaking,
textiles
and
food
products.
Sales
of
the
Company's
products
are
generated
using
a
combination
of
direct
sales
and
distributor
agreements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Penford
Corporation
is
in
the
business
of
developing,
manufacturing
and
marketing
carbohydrate-based
specialty
chemicals
for
the
paper
making,
food
ingredients
and
specialty
textile
industries.
For
the
nine
months
ended
5/01,
revenues
rose
27%
to
$151
million.
Net
loss
before
extraordinary
item
totaled
$305
thousand
vs.
an
income
of
$8.1
million.
Revenues
reflect
higher
sales
volumes
of
the
Co's
starch-based
systems.
Net
loss
reflects
a
lower
gross
margin
due
to
higher
natural
gas
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jeffrey Cook, 44 Pres,
CEO | $521K | $63K | Jacqueline Davidson VP-Fin. | -- | -- | Gregory Horn, 52 VP
and Pres & Gen. Mang. - Penford Food Ingredients Co. | 298K | -- | Gregory Keeley, 51 VP
and Pres and Gen. Mang., Penford Products Co. | 105K | -- | Wallace Kunerth, Ph.D., 52 VP
and CSO | 64K | -- | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|