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Draft:Primient

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Primient
Company typePrivate
IndustryAgricultural processing
Food ingredients
Biomanufacturing
PredecessorTate & Lyle Primary Products (North America & Latin America)
Founded2022 (as Primient)
Headquarters
Schaumburg, Illinois
,
United States
Key people
Jim Stutelberg (CEO)
ProductsCorn syrups and sweeteners
Food & industrial starches
Organic acids
Bio-based chemicals
OwnerKPS Capital Partners
Websiteprimient.com

Primient, formally Primary Products Ingredients Americas LLC, is an American agricultural processing and food-ingredients company that produces corn-derived products such as nutritive sweeteners, food and industrial starches, and organic acids. The company was formed in 2022 through the separation of Tate & Lyle’s Primary Products business and is owned by KPS Capital Partners.[1][2]

Since its formation, Primient has undertaken large-scale capital investment and expansion initiatives across its U.S. operations. In March 2024, independent industry publication World Grain reported that the company planned a five-year capital investment program exceeding $700 million, including significant modernization projects at its Decatur, Illinois facility.[3] In August 2024, FoodNavigator-USA reported on Primient’s partnership with Synonym to establish a biomanufacturing pilot facility in Decatur focused on accelerating commercialization of bio-based products.[4]

Primient operates multiple production facilities in the United States, including its largest site in Decatur, Illinois.[5]

History

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Pre-Primient history

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The industrial operations that later became part of Primient originated with the A. E. Staley Manufacturing Company in Decatur, Illinois. Founded by Augustus Eugene Staley in the early 20th century, the company grew into one of the largest corn processors in the United States, producing starches, sweeteners, and other corn-derived products. The Decatur facility became a major employer and a central feature of the region’s industrial economy.

In 1988, British ingredients company Tate & Lyle acquired a controlling interest in A. E. Staley following a prolonged takeover effort. After the acquisition, Staley operated as a subsidiary of Tate & Lyle while retaining its corporate identity for several years. During this period, the Decatur plant continued large-scale corn wet-milling operations supplying food, beverage, and industrial markets.

The Staley operations were also the site of significant labor disputes in the early 1990s, including a high-profile lockout that began on June 27, 1993. Archival materials documenting this period, including records related to labor relations and community impact, are preserved by the Illinois History and Lincoln Collections at the University of Illinois Library.[6]

By the late 2010s, these legacy corn processing operations were fully integrated into Tate & Lyle’s global Primary Products division, setting the stage for a corporate restructuring that would separate the business from Tate & Lyle’s specialty ingredients portfolio.

Formation and corporate lineage

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In 2022, Tate & Lyle completed the separation of its Primary Products business in North America and Latin America into a newly formed company, initially known as Primary Products Ingredients Americas LLC and later branded as Primient. The transaction involved the sale of a controlling stake to private equity firm KPS Capital Partners, while Tate & Lyle retained a minority ownership interest at the time.[1][2]

Following the separation, Primient assumed direct ownership and operation of multiple long-established facilities previously managed within Tate & Lyle’s Primary Products division, including the Decatur plant. These assets formed the operational foundation of the newly independent company.

In May 2024, KPS entered into an agreement to acquire Tate & Lyle’s remaining 49.7% ownership interest in Primient for $350 million, with closing expected by the end of July 2024 (subject to customary conditions).[7][8][9] Primient stated in June 2024 that the ownership change had been completed.[10]

In January 2026, Primient announced an agreement to acquire full ownership of Primient Covation, LLC, a previously jointly controlled venture with Huafon Group operating at Primient’s Loudon, Tennessee facility. The companies expected to close the transaction during the first calendar quarter of 2026, subject to regulatory approvals.[11]

Operations

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Capital investment

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In March 2024, World Grain reported that Primient planned a five-year capital investment program totaling more than $700 million across its operational footprint, including approximately $400 million targeted at upgrades in Decatur, Illinois.[3]

Innovation and partnerships

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In August 2024, FoodNavigator-USA reported that Primient partnered with biotechnology firm Synonym to develop a biomanufacturing pilot facility at its Decatur, Illinois campus. According to the publication, the facility is intended to support scale-up and commercialization of bio-based chemicals and ingredients.[4]

Production facilities

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Primient lists multiple production sites, including the following (with products as described by the company):

  • Decatur, Illinois – corn syrups and fructose syrups; crystalline dextrose; food fibers; food and industrial starches; corn gluten feed.[5]
  • Loudon, Tennessee – high fructose corn syrup; crystalline fructose; fuel ethanol; maltodextrin; allulose.[12]
  • Lafayette, Indiana – high fructose corn syrup; crystalline fructose.[13]
  • Dayton, Ohio – citric acid.[14]
  • Duluth, Minnesota – malic acid; fumaric acid.[15]

Primient also operates grain-elevator locations in the Midwest supporting corn procurement and logistics.[16]

Leadership

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Primient’s chief executive officer is Jim Stutelberg.[17] World Grain quoted Stutelberg in coverage of the company’s investment program in 2024.[3] Primient published a 2023 interview with Stutelberg discussing company priorities following the separation from Tate & Lyle.[18]

Labor

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The Decatur operations historically involved union-represented industrial labor during the A. E. Staley era,

  1. ^ a b Gelski, Jeff (April 1, 2022). "Transaction involving Tate & Lyle now complete". Food Business News. Retrieved January 16, 2026.
  2. ^ a b "Completion of sale of controlling stake in Tate & Lyle's Primary Products business to KPS Capital Partners, LP". Tate & Lyle. April 1, 2022. Retrieved January 16, 2026.
  3. ^ a b c "Primient investing $700 million in operations". World Grain. March 18, 2024. Retrieved January 16, 2026.
  4. ^ a b "Primient, Synonym partner to create pilot facility to inspire biotech innovation". FoodNavigator-USA. August 2, 2024. Retrieved January 16, 2026.
  5. ^ a b "Decatur Production Facility". Primient. Retrieved January 16, 2026.
  6. ^ "A. E. Staley Company Lockout Records, 1993–2000". Illinois History and Lincoln Collections, University of Illinois Library. Retrieved January 21, 2026.
  7. ^ "KPS Capital Partners to Acquire Tate & Lyle's Ownership Interest in Primient". PR Newswire. May 23, 2024. Retrieved January 16, 2026.
  8. ^ "KPS Capital Partners to Acquire Tate & Lyle's Ownership Interest in Primient". KPS Capital Partners. May 23, 2024. Retrieved January 16, 2026.
  9. ^ "Tate & Lyle PLC sale of remaining interest in Primient joint venture to KPS Capital Partners, LP". Tate & Lyle. May 23, 2024. Retrieved January 16, 2026.
  10. ^ "Primient Ownership Change Completed". Primient. June 2024. Retrieved January 16, 2026.
  11. ^ "Primient to Acquire Full Ownership of Primient Covation". Primient. January 2026. Retrieved January 16, 2026.
  12. ^ "Loudon Production Facility". Primient. Retrieved January 16, 2026.
  13. ^ "Lafayette Production Facility". Primient. Retrieved January 16, 2026.
  14. ^ "Dayton Plant". Primient. Retrieved January 16, 2026.
  15. ^ "Duluth Production Facility". Primient. Retrieved January 16, 2026.
  16. ^ "Our Locations: Grain Elevator". Primient. Retrieved January 16, 2026.
  17. ^ "Our Leadership". Primient. Retrieved January 16, 2026.
  18. ^ "1:1 with Jim Stutelberg, CEO". Primient. December 2023. Retrieved January 16, 2026.