Penford

Fiscal Year 2012 2nd Quarter Results Conference Call


PENX
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Investor Facts

Fast Facts

NASDAQ Symbol
PENX


Weighted Average Shares Outstanding at August 31, 2011
12,250,914
Employees
333 (approximately)
Annual Revenue at
August 31, 2011

$315,441,000
Fiscal Year End
August 31
Corporate Office
7094 S. Revere Parkway
Centennial, Colorado 80112-3932
Phone
800-204-PENX
303-649-1900

The Company

Penford Corporation develops, manufactures and markets specialty, naturally based ingredient systems for various applications including papermaking, textiles, food and pet and animal products. Penford is also a producer of fuel-grade ethanol.

Key Advantages

Recognized Leader in Modified Specialty Starches

  • Compete within the broad global starch industry by focusing on modified starches where we are one of the leading developers and marketers of specialty starches.
  • Offer the broadest portfolio in North America of modified starches for paper, and the largest capacity for the top-of-the-line ethylated starches for high print resolution papers.
  • Only food-grade modified potato starch manufacturer in North America.
  • Ability to provide natural, customized formulations from a broad array of substrates separates us from the competition.
  • 100+ years of product development and manufacturing experience, with a widely recognized reputation for providing exceptional quality, technology and service.

Diverse Base of Premier Customers and Sustainable End Markets

  • Strong relationships with industry-leading food, paper and chemical sectors — built on high quality products, unsurpassed service and trust.
  • Valued supplier to most segments in the food industry: leading quick service and casual dining restaurants, potato and meat processors, food manufacturers, custom blenders retailers and private label.
  • Penford products are incorporated in core menu items in most restaurants, and in branded and private label products through retail grocery stores.
  • Supply specialty starch blends and finished retail-ready products with value added wellness ingredients to numerous companion pet food and treat companies.
  • Serve a broad range of large and diversified end markets: food, paper, packaging, bio-fuels, bio-chemicals, companion pet and animal feed.

Commitment to Sustainable Operations and Products

  • Implement continuous improvement programs in all plants to reduce our carbon footprint.
  • Utilize sustainable alternative in logistics and packaging.
  • Zero landfill impact from by-products.
  • Operate one of two corn wet mills that have received an Energy Star Award.
  • Potato starch manufacturing process is the greenest in the world by using by-product streams as opposed to grinding potatoes.
  • All of our food and industrial ingredients are based on natural, renewable resources.
  • Offer several technologies and applications that contribute to sustainable wellness — proprietary lines of gluten-free and resistant starch formulas, and a range of safe, wellness-based pet products.

Strategic Locations and Alliances

  • Strategically located product sites in some of the most agriculturally rich regions in the world, ensuring an abundant supply of the core carbohydrate materials.
  • Decreases the cost of sourcing and transportation.
  • Two R&D Centers of Excellence with scientists working to solve tomorrow's challenges and finding new opportunites to grow your business.
  • On-site quality control lab at each production site.
  • Strategic alliances with plants in Thailand, Sweden and the Czech Republic.