BCTGM Ratifies New 5-Year Penford Contract
October 17 2004 - 2:50PM
PR Newswire (US)
BCTGM Ratifies New 5-Year Penford Contract CEDAR RAPIDS, Iowa, Oct.
17 /PRNewswire-FirstCall/ -- Penford Corporation's (NASDAQ:PENX),
Penford Products unit today announced that the members of Bakery,
Confectionary, Tobacco Workers and Grain Millers (BCTGM), Local
100G accepted a five-year contract offer made by the company on
October 15. In announcing the agreement, Greg Keeley, president of
Penford Products, said, "We are very pleased that the union has
agreed to a proposal that benefits both parties and brings Penford
employees back to work. Not only does this contract strengthen our
ability to compete successfully, but supports good, well-paying
jobs in Cedar Rapids." About Penford Corporation: Penford
Corporation develops, manufactures and markets specialty natural-
based ingredient systems for various applications, including
papermaking, textiles and food products. DATASOURCE: Penford
Corporation CONTACT: Greg Keeley of Penford Products,
+1-319-398-3700 x
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