Ingredion has been on a buying spree while at the same time they're ignoring the core facilities that are paying the bills. Corporate management has been taken over by National Starch people and that company was poorly run when Corn Products purchased it. Stay in business projects are put on the back burner in favor of anything that might save a nickle. Every terrible industry trend is being followed by management after they've proven disastrous for other companies. IT outsourcing is an excellent, recent example. Jamming office staff into spaces without cube walls and no personal space is another. Valuable positions are being eliminated at the plant level to support un-needed idea-de-jour positions at the corporate office. There is a lot of national starch cronyism that doesn't make sense, such as putting someone with no fructose refining experience in charge of a corn syrup plant. Facilities are seriously run down and long outages are going to be coming down the road.
