Ingredion Looks to Bounce Back From First-Half Setback
date:Aug 06, 2018
acting our industry and our business. We are currently taking swift actions to improve our cost structure in response to inflationary headwinds, and we are optimizing our network capacity in North America in response to lower U.S./Canada production volumes.

Operating income in North America in the second quarter of fiscal 2018 totaled $150 million, down 17% from the same period a year ago. Sales in the division increased 1% to $916 million from $905 million.

Mr. Zallie said Ingredion expects t
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