Penford Products Nears Completion of Iowa Fuel Ethanol Plant

SUGAR LAND--May 2, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Penford Products Company (Cedar Rapids, Iowa), a subsidiary of Penford Corporation (NASDAQ:PENX), is nearing completion of an ethanol plant addition at its corn-milling and industrial-corn-starches plant in Cedar Rapids.